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Vietnamese Steel Exports to China Surge 19 Times in 8 Months of 2020

Steel News - Published on Fri, 25 Sep 2020

Image Source: Vietnamese Steel Exports
VN Express reported that according to Vietnam Customs, Vietnam’s steel exports to China surged 19 times to 2.07 million tonnes between January and August on the strength of rising demand in a recovering economy. This was nearly 35 percent of Vietnam’s total steel exports in the period, and its value rose 15 times to USD 844.5 million,.

Vietnam’s steel exports in the first eight months to all markets rose nearly 37 percent year-on-year to 5.96 million tonnes, with increases of 195 percent to Brazil and 143 percent to Germany.

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Posted By : Yogender Pancholi on Fri, 25 Sep 2020
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