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Vietnam’s coated steel industry is currently undergoing a challenging time, Kallanish understands. Slow export demand and a very weak domestic market are depressing activity. These factors are unlikely to change in the coming months, mill sources in Vietnam say. “It is still very slow,” a galvanizer in Ho Chi Minh City says of the market. He estimates the coated steel industry in Vietnam is running at an average of 60-70% capacity and does not se…
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Anna Low Singapore
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