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21 Nov
00:00

Vietnam predicts steel trade deficit surge

The Vietnam Steel Association (VSA) has warned that the country’s steel trade deficit will widen this year on the back of a continuing surge in imports, especially from China. The deficit had reached $4.6 billion over January-October, $400 million higher than in the same period of 2013, it adds. In 2013 the full year figure jumped to $5.3bn and the figure would likely be higher in 2014, according to VSA. Over January-October Vietnam imported around 10.…
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