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09 Jun
13:29

Vietnam's steel imports reach 6mt by end-May

According to the Vietnam Statistics Department, Vietnam's steel imports rose sharply in the first five months of this year. However, seasonal sluggish demand and high steel prices caused imports to fall in May, Kallanish notes. From January to May, Vietnam imported more than 6 million tonnes of steel, with a value exceeding $4.6 billion. This was a year-on-year increase of 37.9% in volume and 9.2% in value. China is the largest supplier of Vietnamese…
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