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15 Aug
08:33

Vietnam’s July steel exports stabilise, imports rise again

Vietnam’s July steel exports stabilised after June’s fall from a 19-month high, while imports climbed higher. This pushed the country into a steel trade deficit again. Meanwhile, prices in both markets were falling, Kallanish notes. Monthly exports remained stable at nearly 1.01mt, while exports by value slumped 10% m-o-m, according to the preliminary data from the General Department of Customs, Vietnam. Seven-month exports however, grew 18.2% to 6.39m…
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