Vietnam's steel as well as scrap imports increase in May from Apr, steel exports fall

In May this year, Vietnam's steel imports amounted to 1.28 million mt, up 33.1 percent contrasted to April, while its scrap imports boosted by 34.4 percent month on month to 625,966 mt, according to the data released by Vietnam'hot rolled steel coil rate graphes General Department of Customs.In the very first five months this year, Vietnam's steel imports lowered by 12.1 percent year on year to 5.25 million mt, while its scrap import deliveries amounted to 1.97 million mt in the offered duration, falling by 27.8 percent year on year.In Msteel wire pole coilsay this year, Vietnam's steel exports amounted to 742,768 mt, down 23.6 percent contrasted to April, while in the January-May period this year, Vietnam's steel expoGangya metalrts reduced by 17.8 percent year on year to 3.98 million mt.

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