What’s going on? The demand for Steel in Vietnam is expected to grow with positive macroeconomics signals, capital outflows from China, and newly-signed free trade agreements. Along with that, competition appears to be sharper with the strong growth of Hoa Phat and the shrinking of Pomina and Vinakyoei. The rising demand drivers Volume Steel consumption…
Tag: construction
Ep 122: US home sales soar
What’s going on? US existing home sales hit a 14-year high in October. What does this mean? Demand Quantity: Sales of previously-owned US homes climbed by 4.3% YoY, bringing the annualized number of home sales to almost 7 million, which might have been even higher if the home supply weren’t at record lows Prices: are therefore…
with HT 