Flat-rolled, long steel heat up as Vietnam buyers return to market
Sep 09, 2011 | 04:21 PM
| Megawati Wijaya
SINGAPORE Vietnams long steel product and flat-rolled sheet markets are heating up as buyers return to the market.
Long steel consumption in Vietnam rose in August for the second consecutive month amid restocking, according to the Vietnam Steel Association (VSA).
The country consumed 483,000 tonnes of long steel products in August, up 35 percent from the previous month but still down 1 percent from August 2010.
"Sales for June and July were very low because traders and buyers postponed buying. They had to start buying in August because some stocks are not available anymore," VSA general secretary Dinh Huy Tam said.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.