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07 Jan
09:48

Vietnamese steel exports surge

Vietnamese steel exports surged in 2018 while import volumes fell more slowly, according to the Vietnam Steel Association (VSA). Steelmaking raw materials imports, meanwhile, have been driven by the ramping up of Formosa Ha Tinh, Kallanish notes. Vietnam’s import volumes were down -9.6% year-on-year in 2018 at 13.6 million tonnes, VSA says. Because of higher prices, imports by value were up 9% to $9.9 billion. Imports were still mainly from China…
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