News

Vietnam's deep involvement in the international market, an increase in exports subject to defense lawsuits is understandable, especially for the steel industry. It is important for businesses to have adaptive capacity.

Recently, the United States and the European Union announced an agreement on the current 25% tariff on EU products using the Tariff Quota, which will come into effect on January 1, 2022.

TCVN 1651-2:2018 is a Vietnamese standard that specifies requirements for rebar steel used as reinforcement in concrete structures.

On December 2, the domestic steel market continued to move sideways; while on the Shanghai trading floor fluctuated at 4,250 yuan/ton.

In the first half of November, steel exports reached 10.27 billion USD, 2.34 times higher than the same period last year.

Prices of iron ore and other steelmaking materials in China rose in today's session as many steelmakers in the country ramped up their ore inventories.

Oil drops more than 5% due to concerns about vaccine effectiveness

China's domestic output and coal imports both increased.

Steel futures in China traded in a tight range, on demand concerns due to the new Omicron coronavirus variant, while coke prices fell after thermal coal futures fell sharply.

Vietnam has the third largest tungsten reserve and the second largest mine in the world, with great potential in this industry.

China's daily crude steel output fell 6.1% from a month ago to 2.3 million tons in October.

Steel prices on November 26 fell sharply on the Shanghai Exchange. For the domestic market, VDSC forecasts that the domestic sales volume may adjust to normal levels in November.