Posted on 19 Jul 2024
According to statistics from Vietnam Steel Association (VSA), Vietnam's production of finished steel was 2.46 million ton in June, increasing by 22.4% compared to the same month a year ago. Meanwhile, the steel products sales totaled approximately 2.36 million tons, a month-on-month decrease of 7.53% but a year-on-year increase of 9.3%.
In the first half year, Vietnam's steel output was roughly 14.43 million tons, a year-on-year increase of 10.1%, and the sales grew by 14.4% year on year to 14.27 million tons. During the same period, the country's steel products imports totaled about 1.55 million tons, soaring by 84.72% over the same period of last year. Besides, the finished steel exports amounted to 1.12 million tons, marking a monthly increase of 0.78% but reflecting a 1.37% year-on-year decrease.
Source:Yieh
