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03 Feb
11:02

Vietnam's steel exports surge in 2020

Vietnam's steel exports leapt higher in 2020, in part driven by strong demand from China, Kallanish notes. According to customs data, Vietnam's steel exports in 2020 increased by 47.9% year-on-year to 9.86 million tonnes. The export value was $5.26 billion, an increase of 25%. However, the average sales price dropped by -15.5% to $533/tonne. Sluggish overseas demand in December caused Vietnam's steel exports to fall -4.3% from November to 942,256 …
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