Vietnam's finished steel production is projected to hit 30 million tonnes this year, marking a 7% annual increase, according to the Ministry of Industry and Trade (MoIT).

Russian steelmaker MMK Group has announced that its group company Mekhanoremontny Kompleks

High-tech boosts upgrades in energy, manufacturing, transport, retail sectors.

Goal is sustainable and high-quality development despite challenges.

Finished Import Market Share YTD at 23%.

Down 3.9 Percent YTD in 2024 from Same Period in 2023.

AISI: US Raw Steel Production in the Week ending on August 3, 2024.

Meanwhile, crude oil production declined by 2.6 percent, and petroleum refinery production fell by 1.5 percent.