According to the Vietnam Steel Association (VSA), crude steel production hit an estimated 14.8 million tonnes in the first half, a 21.2 per cent year-on-year jump, while steel consumption climbed 13.1 per cent to about 17.9 million tonnes, providing a...
Vietnamese steelmakers were in need of State support to minimise the damage caused by the outbreak of the novel coronavirus (COVID-19), which could well reach a pandemic as dozens of countries reported new infections.
The heavy duties imposed by the US has seen Vietnamese steel export to the world’s largest economy to just over $3.49 billion, a 9 per cent decrease from the same period last year.