Commodities

Vietnam’s steel industry poised for recovery

Data from the Vietnam Steel Association revealed that steel manufacturing output in November totalled nearly 2.5 million tonnes, up 34% a year-on-year. — VNA/VNS

HANOI: The steel industry recovered strongly in both production and consumption outputs and selling prices in November.

The developments were seen as positive signs of the industry regaining growth momentum after a gloomy period, according to insiders.

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VietnamSteelRevival , ProductionBoost , ConsumptionUptick , PricesClimbing , GrowthMomentum , ExportsSurging , GlobalDemand

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