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04 Dec
11:43

Vietnamese steel demand takes a hit

Vietnam’s apparent steel demand dropped -10.9% in the first half of 2017, according to the South East Asian Iron and Steel institute (Seaisi). Demand has also disappointed in the second half the problem should be short term, Kallanish understands. H1 apparent steel consumption fell to 10.15 million tonnes, Seaisi says. It adds however that the Vietnam Steel Association still expects apparent steel consumption to be up 5% over the whole year, implying a fig…
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