VSA

Update news VSA

Domestic steel mills face uphill battle against Taiwanese giant Formosa

VietNamNet Bridge – Formosa, the Taiwanese steel manufacturer, has advantages over domestic rivals thanks to investment incentives offered by the government.

VSA warns of sanctions against Chinese steel

VietNamNet Bridge – Given the massive imports of steel products from China due to a zero tariff, the Vietnam Steel Association has written to the China Steel Association warning of petitioning anti-dumping duties on steel products

Steel assoc. seeks help against tax-dodging Chinese alloy

VietNamNet Bridge – The Vietnam Steel Association (VSA) has petitioned management agencies to soon arrive at solutions of monitoring products labeled as alloy steel imported from China as it contains a small portion of boron to escape the tax.

Steel industry to see tougher competition with newcomers

 VietNamNet Bridge – Five new steel mills with a combined capacity of 1.5 million tons per year will start operations this year, making supply further exceed demand and leading to a fiercer competition in the local steel market.