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10 Feb
14:45

Vietnam's steel production increases, exports fall, in 2019

A recent report from the Vietnam Steel Association (VSA) shows that Vietnam's steel production increased moderately in 2019, mainly due to the pick-up in HRC production. Another increase is expected in 2020, Kallanish notes. In terms of the 2020 outlook, VSA expects a 6-8% increase in Vietnam's steel production. That would leave finished steel output at around 26.8-27.3mt. Crude steel output is estimated at nearly 18mt and hot-rolled steel outpu…
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