Neither China nor rising global steel player Vietnam had a very good 2023 due to fluctuating steel prices and demand. Like some other steel-producing countries, both have primarily resorted to flooding foreign markets with cheap steel products to remain in the black. This has led to massive protests from countries where these imports land, including India. Some importing nations have already imposed steep tariffs on such imports to protect their domestic players. Recently joining this growing list is Mexico. Indeed, 2024 may have started off on the wrong note for Vietnam, as this Mexico recently imposed a massive ... (full story)