The steel industry is expected to benefit the most from the project, especially when the Government prioritizes the use of domestically

Though local steelmaker Hoa Phat Group ramped up production in April, with raw steel output rising 19% month-on-month to 525,000 tons

Domestic steel prices adjusted down. Domestic consumption in the month decreased compared to Oct.

Sales in the month of VSA members also prospered thanks to a strong increase in domestic consumption (>30%) compared to the previous month