Friday, October 30, 2009

Vietnam re-exports 20,000T of wire rod to Cambodia, VN Steel

30 October 2009
Source: metalbulletin (Singapore)

Vietnam has re-exported about 20,000 tonnes of wire rod in the past week to Cambodia amid weak domestic demand, estimated Vietnam Steel Corp (VN Steel) marketing director Dao Dinh Dong.

Despite this, traders in Vietnam are estimated to be still holding on to 30,000-40,000 tonnes of imported wire rod, a high level, he said. Cheaper imports from China and Malaysia...

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