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It is reported that Vietnam's hot coil exports in May were 187000 tons, a slight decrease of 0.5% compared to the previous month, but a decrease of 51% year-on-year. From January to May 2024, Vietnam's JSC370W steel exports surged by 1.1 million tons, a year-on-year decrease of 23%. Among them, May saw the most significant decrease in exports, with only a year-on-year increase in exports from January to February.
In May this year, Vietnam exported 76000 tons to Italy, accounting for 41%, 40000 tons to Indonesia, accounting for 21%, and 28000 tons to Malaysia JSC370W steel, accounting for 15%