Steel import surplus hits US$2.65 billion

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VOV News English - 35 month(s) ago 7 readings

Steel import surplus hits US$2.65 billion

(VOV) - Vietnam imported more than 4 million tonnes of steel in the past seven months of 2011, up 9 percent compared to the same period last year.

In the reviewed period, the country exported approximately 940,000 tonnes of steel worth US$881 million.

Despite a year-on-year increase of 44.2 percent, Vietnam’s steel import surplus remained high, at almost US$2.65 billion.

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