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Steel producers' profit to hit bottom soon
14:52 | 14/12/2022 Import-Export
VNDirect expects that the gross profit margin of steel companies will soon recover when most of the high-priced inventory has been recorded in the cost of goods sold in the third quarter.
Steel producers face gloomy business results despite huge potential
20:13 | 23/10/2022 Import-Export
The huge potential market is mainly driven by large investments and favourable tax policies, but the business picture in the third quarter of 2022 of these enterprises is facing many challenges with large losses.
Steel producers make provisions for devaluation in inventory as prices cool down
19:54 | 25/01/2022 Import-Export
After increasing inventories at the beginning of 2021 to take advantage of price differences to maximise profits, the strategy has now hit steel producers hard as global steel prices plunged at the end of the year.
Steel producers report strong growth in profits despite COVID-19
19:27 | 23/10/2021 Import-Export
Despite disruptions caused by the fourth wave of the COVID-19 pandemic, steel producers still reported extraordinary profits.nbsp;
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