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Country's Output of Construction Steel Products in This Jan Falls by 9% From a Month Ago

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Core prompt: The Vietnam Steel Association (VSA) said that the country’s output of construction steel products totaled 360,000 tons in this January,

The Vietnam Steel Association (VSA) said that the country’s output of construction steel products totaled 360,000 tons in this January, falling by 9% from a month ago while rising by 26% year on year.

In January, Vietnam’s sales volumes of steel products totaled 360,000 tons, rising by 2.2% month on month and increasing by 54% year on year.

Meanwhile, the country’s stocks of steel products totaled 330,000 tons at the end of January, falling by 1.1% from a month earlier and decreasing by 16.6% year on year.

It’s forecasted that Vietnam’s output of steel products would be at 9.33 million tons this year, up by 2% year on year.

 
 
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