Vietnam Steel Corn (VSC) has called for a temporary halt to the expansion of the country's long products capacity. The state-owned steelmaker is appealing to the government to oppose the installation of private rolling mills across the country, which the company says are adding extra strain to the current imbalance between supply and demand in Vietnam.After meeting with VSC officials last week, Vietnam's Ministry of Industry has agreed to take fresh steps to tackle the problem. "For a certain period - not forever we hope that there will be a limitation on investment in rolling mills," VSC director and assistant president, Dinh Huy Tam told MB. "We have made a proposal to the government in order to limit this investment." He said.
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