Following the US and EU’s efforts to curb the flow of "underpriced" Chinese steel, South Korea has launched an anti-dumping probe into imports of Chinese-made heavy steel plates.

Potential EU anti-dumping duties on hot-rolled steel plates from four countries – Japan, Vietnam, Egypt and India – could lead to a significant shortage in the domestic market. This is stated in an analytical note by the Italian steel distributors’ association Assofermet, Kallanish reports.

The export value for the first nine months of 2024 has already surpassed total export value of $4.24 billion in 2023.

Vietnam's Trade Remedies Authority (TRAV) reported that Thailand's Department of Foreign Trade has published a gazette announcing the start of an anti-dumping investigation into cold-rolled stainless steel products originating from or imported from Vietnam.

The United States Department of Commerce (DOC) has officially initiated an anti-dumping and countervailing duty investigation into corrosion-resistant steel (CORE steel) imported from Vietnam, according to the Trade Remedies Authority of Vietnam (TRAV).

Vietnamese businesses have made good decision to shift their export markets; as a result, they have been getting more orders.

There is plenty of room for Vietnamese fruit and vegetables to enter more stringent markets such as the US, Australia, and the EU by focusing on high-quality fruit, accurate origin certificates, and food safety standards, according to insiders.

The European Commission's decision to press ahead with tariffs on Chinese-made electric vehicles threatens to undermine decades of cooperation between China and the EU, and endangers climate-change goals, Xinhua news agency said on Saturday.