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Vietnamese construction steel demand rebound
Source:Xinsteel   Date:2015-04-20

According to the Vietnam Steel Association reports that benefit from increased foreign investment and demand of industrial and construction rebound, the sales volume of Vietnamese construction long steel is 1.24 million tons, an increase of 10.5%. Among them, the sale in March is about 652,000 tons, an increase of 14.4%, increased by 162% month on month. The increase sales volume in March mainly due to February is also the Vietnamese Lunar New Year holiday, market purchase is dark.

According to Southeast Steel Association released preliminary data show that last year the Vietnamese steel apparent consumption grew by 23.8%, to 14.58 million tons, which is Southeast Asia's fastest growing regions. Last year, apparent steel consumption in Southeast Asia was 67.1 million tons, an increase of 6.3%.

For the afternoon market, along with the new infrastructure projects Vietnam been launched, it is expected future demand for construction steel would grow again.

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