Vietnamese steel under pressure from trade defence lawsuits

According to the Vietnam Steel Association, the European Union (EU), the Eurasian Economic Union (EAEU) and Thailand have all initiated safeguard measures on a number of steel products such as cold rolled steel, stainless steel, alloy, and non-alloy steel. In addition, Canada, Malaysia, the United States, and India have all initiated anti-dumping investigations for carbon steel welded pipes, non-alloyed steel pipes, corrosion-resistant steel, and stainless steel pipes of Vietnamese origin. In the first 8 months of 2018, ASEAN was Vietnam's largest importer of steel, followed by the United States and the EU.