Iron and steel of all kinds exported to Germany increased both in volume and value in April/ 2020

NDC TRADING CORPORATION

Trading steel plate - coil steel - alloy steel - shaped steel

Vietnamese English
Hotline : 0907 335 669
HomeNews

Hotline : 0907 335 669

Email : thuongmaindc@gmail.com

Facebook Skype

News

View more

  • The use of steel plates and how to preserve steel plates
    The use of steel plates and how to preserve steel…

    ▪ Detail

  • The steel industry avoids trade defense
    The steel industry avoids trade defense

    ▪ Detail

  • Everything about steel you should know
    Everything about steel you should know

    ▪ Detail

  • The giant of steel industry reported strong profit growth despite the cold market
    The giant of steel industry reported strong profit growth despite…

    ▪ Detail

  • The US investigated tax evasion on stainless steel products imported from Vietnam
    The US investigated tax evasion on stainless steel products imported…

    ▪ Detail

  • Iron and steel of all kinds exported to Germany increased both in volume and value in April/ 2020
    Iron and steel of all kinds exported to Germany increased…

    ▪ Detail

  • Iron and steel of all kinds exported to Germany increased both in volume and value in April / 2020
    Iron and steel of all kinds exported to Germany increased…

    ▪ Detail

Exchange rate

News & Events

Iron and steel of all kinds exported to Germany increased both in volume and value in April/ 2020

Steel export in April decreased by nearly 38% from the previous month and by 36.5% compared to the same period in April 2019. Calculate them 4 months reduction level up to 25%.

Information from the Vietnam Steel Association (VSA) said that in April 2020, steel production reached more than 1.85 million tons, down by 12.5% ​​over the previous month and by 15.2% over the same period. 2019 period.

Sales of all kinds of steel reached more than 1.7 million tons, down 16.6% compared to March 2020 and down 15.6% compared to the same period in 2019.

In particular, steel exports reached more than 261,800 tons, down nearly 38% from the previous month and down 36.5% over the same period in April 2019.

Generally, in the first four months of 2020, steel production of all kinds reached more than 7.58 million tons, down 8.4% compared to the same period of 2019.

Sales reached more than 6.75 million tons, down 13.3%. In particular, steel exports reached 1.28 million tons, down 25% compared to 4 months of 2019.

Regarding the import situation, in March 2020, Vietnam imported 1.33 million tons, with a total import value of 819,000 USD, down 1.1% in volume and 8.6% in value compared to the same period in 2019.

Generally for the first quarter of 2020, imported iron and steel finished products into Vietnam more than 3.3 million tons, with a value of 2 million USD.

Notably, after 3 months, the amount of steel imported from China was about 932,000 tons, with the import value of more than USD 576 million, accounting for 28% of the total steel import and the total import turnover of the country.

In the opposite direction, in March 2020, Vietnam exported to foreign markets reached 815,000 tons, with a turnover of US $ 454 million. Compared to February 2020 and the same period of 2019, the above exports increased by 18% and 47% in volume respectively.

Steel export value in February 2020 reached US $ 454 million, up respectively from February 2020 and 18% and 24% in the same period last year.

Vietnam mainly exports to Southeast Asian countries, reaching about 494,000 tons with a value of 263 million USD, accounting for 60% of the country's total iron and steel exports and accounting for 57.8% of the total export turnover of Vietnam.

Nguồn tin: vietnambiz.vn

Customer-Partner

NDC TRADING CORPORATION

Address: 3/23/25 Street 297, Phuoc Long B Ward, District 9, TP. HCM
Tel: 0974 375 536 - 0907 335 669
Email: thuongmaindc@gmail.com
Website: www.thuongmaindc.vn

98991 Online : 1

Skype Facebook Google + Twitter

Designed by Viet Wave