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November 15, 2022 | 10:21

Steel production and consumption slipping

Mạnh Đức

The Vietnam Steel Association (VSA) has reported that steel production and consumption in October fell 16.3 per and 29.4 per cent, respectively, year-on-year. In the first ten months of 2022, steel production and consumption were down 8.7 per cent and 6 per cent, respectively, year-on-year. VSA forecasts that Vietnam’s steel market will continue to face many difficulties in the fourth quarter.

Steel production and consumption slipping
Photo: VnEconomy

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The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
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