Vietnam Steel Exports Rise

Vietnam News reported that Vietnam steel exports have reached almost USD 2 billion so far this year an increase of almost 15% compared to the same period in 2018. According to the General Department of Customs, Viet Nam’s steel exports in July rose by 4.7% from the previous month. The steel exports saw an increase…

Chinese steel stocks down, demand recovering

Stocks of the five major finished steel items at Chinese traders and steel mills declined during the week of August 29-September 4, as steel demand from downstream users recovered gradually amid the traditional peak season for steel consumption over September-October, Mysteel Global has learned. Total inventories of the five major steel items comprising rebar, wire…