These factors should lead to soaring steel demand in Q3 and Q4, Tuan said.

Hoa Phat steel sales hit 457,000 tonnes in April.

China's Hunan reports robust foreign trade growth with Africa in Q1.

AISI: US raw steel production in the week ending on May 13, 2023.

Market participants say this would be feasible for the province because it is rich in coal and iron ore resources.

Vietnam's coal output in the January-April period fell 1.9 percent from a year ago to 16.6 million tons, according to the General Statistics Office.

Australian enterprises eager to participate in 6th CIIE.

BHP is looking into initiatives to grow its iron ore production to 300 million tonnes per annum.