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Vietnam steel production and consumption register strong growth-The 19th China (Guangzhou ) Int’l Casting product Exhibition
5/9/2018 铸件展-casting expo-Die-casting expo-foundry expo |
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Vietnam News reported that steel production output in the first four months reached 3.21 million tonnes, a year on year increase of 8.8%, including 850,000 tonnes in April. Meanwhile, the steel industry’s consumption stood at 3.07 million tonnes in the period, a year on year surge of 12.9%, including 830,000 tonnes in April.
The industry had optimistic results in exports also. In the first three months of this year, the value of steel exports exceeded USD 1 billion, with the exports on an upward trend. Meanwhile, selling prices in April were stable in both north and south.
The association expected that the steel industry will have a year-on-year growth of 20% to 22% in production this year. The production growth rate is estimated to reach 10% for construction steel, 154% for hot rolled steel, 5% for cold rolled steel, and 15 per cent for welded-steel pipes.
铸件展-铸件采购会-国际铸件展-2018第十九届广州国际铸件展会-巨浪展览
-The 19th China (Guangzhou ) Int’l
Casting product Exhibition
-Casting product Exhibition, 2018 casting
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2018 Casting Expo,
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