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

Global long steel demand outlook weak in 2023.

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.

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

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

China's Shanxi sees 67.1% growth in trade with ASEAN in Q1.