You are here: Home > Steel News > Latest Steel News > Vietnam’s...

Vietnam’s steel output and sales fall in H1

Tuesday, 18 July 2023 10:56:05 (GMT+3)   |   Istanbul
       

According to the Vietnam Steel Association (VSA), in June this year finished steel production in Vietnam totaled 2.01 million mt, decreasing by 9.52 percent compared to the previous month and down by 16.2 percent compared to June 2022, while the country’s steel product sales in the same month decreased by 6.41 percent compared to May and fell by four percent year on year to 2.16 million mt.

In the January-June period, steel production in Vietnam decreased by 20.9 percent year on year to 13.1 million mt, while the country’s steel sales fell by 17.5 percent year on year to 12.48 million mt.

Meanwhile, in May this year, Vietnam’s imports of finished steel decreased by 18.92 percent compared to the previous month and were down by 35.54 percent year on year to 837,000 mt, while the country’s exports of finished steel totaled 1.13 million mt, up by 16.43 percent month on month and by 52.6 percent year on year.


Similar articles

Steel output and sales of Vietnam rise in January-July

12 Aug | Steel News

SEAISI: Construction recovers in some ASEAN countries in 2023, leading to increased longs imports

09 Aug | Steel News

Vietnam’s steel output and sales rise in H1

17 Jul | Steel News

Vietnam’s steel output and sales continue to fall in Jan-Nov

13 Dec | Steel News

SEAISI: Long steel demand in ASEAN-6 countries up 2.4 percent in 2022

23 Nov | Steel News

Vietnam’s steel output and sales fall in Jan-Sept

20 Oct | Steel News

Vietnam’s steel output and sales decrease in Jan-Apr

16 May | Steel News

Vietnam’s steel output and sales fall in Q1

03 May | Steel News

Uptrend reverses in Vietnam’s HRC import segment on China’s drops, buying still limited

22 Mar | Flats and Slab

Vietnam’s steel output and sales fall in January-February

16 Mar | Steel News