The first half of a slight increase in demand for long products in Vietnam

Vietnam Steel Association announced the first half of the Vietnamese construction output 2.26 million tons of long products, down 2.1 percent; sales of 2.27 million tons, an increase of 1.5%. Which yield 376,000 tons in June, an increase of 9.9%, but a decline of 4.7%; sales of 351,000 tons, an increase of 17.9%, but a decline of 9.2%.

The association said that the first half of a slight increase in demand for long products in Vietnam, mainly due to the Government to take measures to cope with the credit crunch and inflation. From the first half of the data, the effectiveness of these measures slightly.

However, with increased rainfall in June, steel production and marketing chain have declined, but subsequently rebounded after the end of the rainy season. Vietnam Steel demand is expected in the second half will maintain slow growth.

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