Notice: National Day holiday schedule in 2024

In just four months, there have been seven cases of countries using trade defense measures on Vietnamese steel products. This creates more risks in the context of businesses planning to increase production.

Recently, construction steel prices on the market have been continuously adjusted upward by manufacturers, in which Hoa Phat ribbed steel bars increased by 460,000 VND per ton.

Iron ore prices continued their strong rally from last week after China announced policies to facilitate home buying.

China's steel exports expected to hit eight-year high this year

The risk that steel demand in China has peaked and will decline in the coming period has a major impact on steel companies around the world.

Shareholders of Hoa Phat, Hoa Sen, Nam Kim, and Ton Dong A are "sitting on hot coals" as world steel prices fall freely, "holding their breath" waiting for anti-dumping decisions.