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News & Insights


Steel makers witness hardships in Q4/2022
Giant steel maker Hoa Phat Group (HPG) recorded a net loss of more than VND 2 trillion (USD 85.3 million) in the fourth quarter,
Feb 2, 2023


Steel producers report heavy losses for second consecutive quarter
The 2022 fourth-quarter financial statements show heavy losses for Hoa Phat, Hoa Sen, Nam Kim, VNSteel, and Tisco.
Feb 1, 2023

Steel producers' profit to hit bottom soon
VNDirect expects that the gross profit margin of steel companies will soon recover when most of the high-priced inventory has been recorded
Dec 15, 2022
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