Bright prospects for steel firms despite challenges
Việt Nam’s listed steel companies can achieve higher growth in 2017 despite a volatile and predictable international market if they optimise operations and exploit missing links in the sector’s supply chain, experts said on March 13. Given recent international developments, global markets are likely to exhibit some signs of volatility and instability, Đặng Trần Hải Đăng, deputy head of market research at the Vietinbank Securities Company, said at a conference held in Hà Nội. He said factors that investors and steel companies should pay attention to include uncertain US policies under the Trump administration, the slowdown of China’s economy and the Britain’s exit from the European Union.
