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17 Jan
08:43

Vietnam’s annual steel cross-border trade plummets

Vietnam’s iron and steel imports and exports plummeted last year amid a weak global economy and a slump in domestic demand, despite a rebound in December steel exports, Kallanish observes. December exports of Vietnamese iron and steel came to 823,128 tonnes, rebounding 40.2% month-on-month but falling 9.4% year-on-year. This took annual exports to nearly 8.4 million tonnes, a slump of 35.9% from 2021, according to preliminary data from the Vietnam General De…
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