Vietnam’s Steel Industry Profit to Surge in Q3 on Price and Output Rebound

Vietnam steel industry profit Q3 surge as steel prices rebound and output increases across major producers like Hoa Phat and Hoa Sen

Vietnam’s steel industry is projected to see a surge in Q3 profits on the back of a rebound in steel prices and higher production output. After months of weak demand and squeezed margins, steelmakers such as Hoa Phat Group and Hoa Sen Group are reporting improved realizations and stronger sales. Domestic construction recovery, higher exports … Read more