Vietnam steel imports increased by 18% in China as the largest supplier

Vietnam steel imports increased by 18% in China as the largest supplier

Vietnam customs data show that in February the Vietnamese steelimports 1 million 510 thousand tons, an increase of 17.6%. China is still thebiggest supplier of Vietnam from Chinese imports 859 thousand and 100 tons, anincrease of 6.7%, accounting for the total imports of the 56.7% dragons. Inaddition, Vietnam imported 227 thousand and 500 tons of steel from Japan,unchanged from last year, imports from Korea, 134 thousand and 200 tons, anincrease of 9.9%.

1-2 months of this year, Vietnam crude steel production 838thousand and 700 tons, an increase of 21.4%. Steel imports 2 million 740thousand tons, compared with the same period last year, little change, exportsof 662 thousand and 200 tons, an increase of 46.7%. Only 356 thousand and 800tons of steel exports in February, a substantial increase of 75.7%.

Vietnam steel demand in 2016 22 million tons, an increase of morethan 20%, crude steel production of more than 8 million tons, an increase of20%, steel imports of 17 million tons, an increase of 300-400 million tons,exports increased from 2 million 800 thousand tons to t.