China’s steel product exports to Vietnam surge substantially

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Publish time: 14th September, 2012      Source: ChinaCCM
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Vietnam Steel Corp. (VNSTEEL) said that the country's imports of steel products from China hit 137,500 tons in the first eight months of this year, soaring substantially by 5 times from the total steel product imports in the full 2011.

The Chinese steelmakers have aimed to promote products into Vietnam and Association of Southeast Asian Nations (ASEAN) in order to digest high inventories.

Thus, VNSTEEL suggested the government make some strict measurements to control the steel product imports to protect the local industry.