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12 Jun
04:14

Vietnam’s May steel exports hit 19-month high

In May this year, Vietnam’s exports of iron and steel grew further on a month-on-month basis, while imports continue to fall. There was the same trend year-on-year for both monthly and year-to-date exports and imports, according to data from the General Department of Customs, Vietnam. May exports were up 16.4% m-o-m and 52.6% y-o-y to a 19-month high at 1.13 million tonnes, while the average realised price declined over 16% over April and nearly a quarter fr…
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