China: Top iron and steel supply market for Vietnam

VCN – According to the statistics of the General Department of Customs, the imported irons and steel of the whole country was 16.9 million tons, increased by 22.5% on volume in November of 2016. 
china top iron and steel supply market for vietnam Iron and steel imports from China accounting for 59.1%
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china top iron and steel supply market for vietnam

Imported iron and steel in November, 2016 was 1.46 million ton worth $US 712 million

The average price of imported irons and steels in November, 2016 declined by 13.1%, so the import price was $ US 7.25 billion, only slightly increased by 6.4% compared to the same period in 2015.

Imported irons and steels in November, 2016 was 1.46 million tons, worth $US 712 million, declined by 5.8% on volume and 2% on value compared to the previous month.

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Iron and steel imported to Vietnam during the first eleven months of 2016 from China was 9.9 million tons, up by 18%; from Japan was 2.44 million tons, up by 7% and from Korea was 1.69 million tons, up by 6.5% compared to the first eleven months of 2015.

By Bao Ha/ Huyen Trang

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