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25 Apr
07:44

Vietnam's steel output, consumption slump in Q1

Vietnam's crude steel production and consumption saw an on-year plunge in the first quarter of 2023, as the steel market continued its weakness in the second half of last year. Kallanish learns from Vietnam Steel Association (VSA) data that Vietnam's crude steel output slipped 24% lower on-year to 4.412 million tonnes in January-March. Crude steel consumption in the reporting period was 4.703mt, down by 16% y-o-y. The crude steel market in March also saw d…
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