Vietnam's Steel Output Surges on Domestic Demand, Enters Global Top 10
Infrastructure

Vietnam's Steel Output Surges on Domestic Demand, Enters Global Top 10

Vietnam's crude steel output rose 4% year-on-year in April, propelling it into the top 10 global producers, surpassing Italy. This growth is primarily driven by a booming construction sector and robust domestic demand. However, new EU regulations could impact exports.

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