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

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

Finished Import Market Share YTD at 23%.

Australian enterprises eager to participate in 6th CIIE.

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

Most of the capital goods in China posted lower prices in late April compared with mid-April, official data showed Monday.

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.

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