According to the General Administration of Customs in Vietnam, Vietnam steel exports of 1.15 million tons in July, year-on-year growth of 30% and 12.4% respectively; and the annul imports of steelis933000 tons in July , fell 17%. Vietnam steel exports more than 23.3% of imports in July.Fm Jan. toJuly of2021, the Vietnam steel exports reached 7.02 million tons, 46.4% year-on-year growth.

Vietnam steel exports, the main destination is China, 1.32 million tons, exports to China in July but fell 9.6% year on year.in Jan. toJul., ASEANcountries of Vietnam steel demand is good. Indonesia, Malaysia, Thailand and the Philippines imports from Vietnam steel year-on-year growth of 56%, 14%, 7% and 71% respectively. However, Vietnam to Thailand's steel exports fell 7% year on year to 331000 tons.

Vietnam in the first seven months steel exports to the European Union and the United States, especially the flat material volume also increased significantly. In particular, to the Italian exports reached 305000 tons, year-on-year growth of nearly 15 times. In Europe, Vietnam hot-rolled coil, cold-rolled coil and hot dipped galvanized price competitiveness.Fm Jan. ToJuly,Vietnam steel imports fell 1.2% year on year to 8.03 million tons.

Due to the recovery and demand growth fm ASEAN region, the United States and Europe, Vietnam steel exports in the first seven months of this year increased significantly. And the country's steel exports are more than imports in July.

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