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Steel demand in Vietnam forecast to decrease in 2023

HANOI, Jan. 27 (Xinhua) — The steel demand in Vietnam is expected to keep falling due to the property market slump, tightened monetary policy and economic downturn in many export markets, local media reported on Friday.

With the property market remaining in a slump, prospects for 2023 remain gloomy, especially in the first half of the year, local newspaper Vietnam News reported, citing local analysts.

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