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Vietnamese steelmakers find growth momentum despite export challenges

Vietnamese steelmakers find growth momentum despite export challenges

Vietnam's crude steel output is forecast to reach 27 million tonnes in 2026, up 10% year-on-year. Finished steel production is projected at 33 million tonnes, with domestic consumption of 28 million tonnes and exports of 6 million tonnes. Steel imports are expected to decline, signaling improving domestic production capacity and the growing bite of market management and trade remedy measures.
Economy
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