17
Aug
07:46
Port closures impact Vietnamese steel, scrap imports
The closure of ports brought about by soaring Covid-19 cases hit Vietnam’s steel and ferrous scrap imports in July, but steel exports remained strong, Kallanish notes.
Monthly steel and ferrous scrap imports amounted to 932,731 tonnes and 704,594t respectively, down 17% and 0.4% month-on-month, according to data released by Vietnam’s General Department of Customs.
Despite falling imports, Vietnam paid higher unit prices to purchase these products. Mon…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous