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06 Jul
14:18

Vietnam output, consumption to fall in 2020: VSA

Vietnam's finished steel production and apparent steel consumption could drop by -5.9% and -10.7% respectively on-year in 2020, according to Vietnam Iron & Steel Association (VSA) vice chairman Trinh Khoi Nguyen. This forecast is based on the performance of Vietnam's steel market in the first five months of 2020, Kallanish notes. Official data shows that Vietnam produced about 9.67 million tonnes of finished steel from January to May, down -8…
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