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17 May
13:28

Vietnam's steel production, sales turn down in April

Vietnam's steel production and sales both saw month-on-month and year-on-year declines in April, ending months of strong growth. The slowdown in the global steel market and pressure on local steel demand have caused the Vietnamese steel industry to underperform expectations even with Covid-19 under control, Kallanish notes. According to Vietnam Steel Association (VSA) data, Vietnam's steel production lost 11.28% from March and was down 1.1% …
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