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

Vietnam’s steel output and sales fall in Q1

Wednesday, 03 May 2023 14:24:44 (GMT+3)   |   Istanbul
       

According to the Vietnam Steel Association (VSA), in March this year finished steel production in Vietnam totaled 2.4 million mt, increasing by 2.25 percent compared to the previous month and down by 27.9 percent compared to March 2022, while the country’s steel product sales in the same month increased by 6.29 percent compared to February and fell by 29.0 percent year on year to 2.21 million mt.

In the January-March period, steel production in Vietnam decreased by 20.9 percent year on year to 6.69 million mt, while the country’s steel sales fell by 25.4 percent year on year to 6.07 million mt.

Meanwhile, in February this year, Vietnam’s imports of finished steel increased by 41.73 percent compared to the previous month and were down by 6.1 percent year on year to 840,000 mt, while the country’s exports of finished steel totaled 796,000 mt, up by 18.49 percent month on month and up by 31.79 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 fall in H1

18 Jul | Steel News

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

16 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