The Ministry of Finance postpones plan of tax increase on hot rolled steel coil The Ministry of Finance has postponed its plan of increasing the most-favoured nation (MFN) tariff on imported hot rolled steel coil (HRC) from zero per cent to 5 per cent after collecting opinions from businesses and experts.

Kyoei Steel to raise VIS’ ownership to 65%

Japanese Kyoei Steel Company has announced its registration to purchase 33.2 million additional shares or 45 per cent stake of Việt Nam-Italy Steel JSC (VIS).

MoIT removes regulations on steel quality management

The Ministry of Industry and Trade (MoIT) has promulgated Circular 18/2-17/TT-BCT to remove some regulations on managing the quality of locally produced and imported steel.

Japanese steelmaker to construct factory in northern region

 Japanese steelmaker Kyoei Steel Group announced last week that it would build a US$200 million reinforcing bars factory in northern Việt Nam.

VSA urges steel import controls

The Việt Nam Steel Association (VSA) is calling on the Government to maintain a series of quality and management controls in the steel industry since trade fraud in steel imports is still high.

MoIT extends deadline for requests on anti-dumping steel import tax

The Việt Nam Competition Authority (VCA) under the Ministry of Industry and Trade (MoIT) will continue to receive requests from manufacturers, traders and others seeking to ease or lift the anti-dumping tax on imported cold-rolled stainless steel from China, Indonesia, Malaysia and Taiwan until July 31, 2017.

Whopping rise in steel imports from India

Steel imports from India posted a whopping increase in the first six months of this year, customs' statistics revealed.

Second review of anti-dumping duties on imported steel

The Ministry of Industry and Trade (MoIT) has issued a decision to conduct a second review of anti-dumping duties on imported cold-rolled stainless steel.

 

Imported scrap steel spikes in Q1, threatening environment

Scrap steel imports to Việt Nam in the first three months of this year increased sharply compared with last year, up more than 45 per cent in volume and 120 per cent in turnover, which poses serious environmental threat.

VN steel, iron import value surges

Việt Nam’s import value for steel and iron products continuously surged sharply in the first month of 2017 to US$710 million, the General Statistics Office reported.