Tag: "steel"
EU targets foreign steel to rescue struggling sector

EU targets foreign steel to rescue struggling sector

World 10:18 08/10/2025

The EU moved Tuesday to double tariffs on foreign steel -- taking a leaf from U.S. President Donald Trump's book to shield the bloc's struggling industry from a flood of cheap Chinese exports.

EU to halve steel import quotas to preserve domestic industry

EU to halve steel import quotas to preserve domestic industry

World 10:15 08/10/2025

BRUSSELS -- The European Commission proposed on Tuesday cutting tariff-free steel import quotas by almost half and a 50-percent duty for excess shipments in a bid to preserve viable steelmaking in the European Union.

Vietnam’s Vingroup makes first foray into steel industry

Vietnam’s Vingroup makes first foray into steel industry

Economy 10:56 07/10/2025

Vietnam’s leading private conglomerate Vingroup has entered the steel industry with the establishment of VinMetal Joint Stock Company.

Vietnam customs defend $11.5mn tax, fine on S.Korea’s Posco VST over steel imports

Vietnam customs defend $11.5mn tax, fine on S.Korea’s Posco VST over steel imports

Economy 15:35 17/09/2025

Vietnam’s customs authority said on Tuesday it acted in accordance with the law when it imposed a VND304 billion (US$11.5 million) tax and penalty on Posco VST, after the South Korean-invested steelmaker failed to declare that imported duty-free steel had been diverted to the domestic market.

Vietnam’s wide HRC imports rise after duties imposed on narrower Chinese steel

Vietnam’s wide HRC imports rise after duties imposed on narrower Chinese steel

Economy 09:38 22/08/2025

Vietnam has seen a sharp rise in imports of wide hot-rolled coil (HRC) steel products since imposing anti-dumping duties on narrower HRC from China.

Narrow loophole allows cheap steel imports to flood Vietnam

Narrow loophole allows cheap steel imports to flood Vietnam

Economy 11:19 29/07/2025

Vietnam has seen an influx of cheap hot-rolled coil (HRC) steel given a regulatory loophole that allows importers to bypass anti-dumping duties by slightly altering product dimensions.

Malaysia puts anti-dumping duties on some China, S.Korea, Vietnam iron, steel

Malaysia puts anti-dumping duties on some China, S.Korea, Vietnam iron, steel

World 09:19 06/07/2025

Malaysia said on Saturday it has imposed provisional anti-dumping duties ranging from 3.86% to 57.90% on certain iron and steel imports from China, South Korea and Vietnam.

Surge in wide HRC steel imports from China alarms Vietnamese steel industry

Surge in wide HRC steel imports from China alarms Vietnamese steel industry

Economy 11:57 26/06/2025

Imports of wide hot-rolled coil (HRC) steel from China have climbed in the first months of the year, alarming a reduction of the efficacy of Vietnam’s anti-dumping efforts.

Canada could slap more duties on US steel and aluminum, says Carney

Canada could slap more duties on US steel and aluminum, says Carney

World 12:17 20/06/2025

OTTAWA - Canada could increase counter-tariffs on U.S.-produced steel and aluminum if it does not reach a broader trade deal with President Donald Trump within 30 days, Prime Minister Mark Carney said on Thursday.

Vietnam imposes anti-dumping duties on steel imports from China

Vietnam imposes anti-dumping duties on steel imports from China

Economy 08:46 22/02/2025

Tariffs range from 19.38 percent to 27.83 percent

Vietnam sells 23mn metric tons of steel products in 2021

Vietnam sells 23mn metric tons of steel products in 2021

Economy 12:50 19/01/2022

The Southeast Asian country exported more than 14 million metric tons of steel products in the year

Canada lifts ban on Vietnam’s corrosion-resistant steel sheets

Canada lifts ban on Vietnam’s corrosion-resistant steel sheets

Economy 13:17 20/10/2020

Canada will also reduce anti-dumping duties for certain steel producers and exporters