|last edit 1798||days ago|
So far this year, Chinese crude steel production has been racing upwards and if the 6% growth seen so far continues to the end of the year, the country will have produced more than 851 million tonnes of steel which would be a new record level. Unlike in past years, this growth in output is being channelled into internal infrastructure demand. ISSB have reported... read more
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When compared to its larger Asian neighbours, Vietnam is a relative minnow in terms of its steel market but it is also the fastest growing in the region. In the five years to 2016, apparent consumption has more than doubled to 22.3 million tonnes with a 22% growth in last year alone. This growth has seen a similar rise in Vietnamese imports which have also more than... read more