Domestic steel demand expected to rebound amid warming real estate market
Domestic steel demand is anticipated to rise this year due to the civil construction recovery and the positive impacts of the global steel market.
Source: vir.com.vn
Stay updated with breaking news from Chau Nam. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Domestic steel demand is anticipated to rise this year due to the civil construction recovery and the positive impacts of the global steel market.
As global steel prices decline, the domestic consumption has not recovered, leaving steel manufacturers facing difficulties with costly inventories.
The building material sector suffered from a bleak 2023 with a dip in both production output and profits, and the situation is expected to drag on in 2024.
'This snack always leaves me satisfied, it never fails. It’s something you eat once and then crave forever'