Steel exports hit US$427 million in five months

The domestic steel enterprises earned US$427 million from 550,000 tonnes of steel exported in the first five months of the year, up 244 percent in value and 250 percent in volume over the same period last year.

In recent months, foreign-owned enterprises have produced and exported laminated rolling steel as the price of exported steel surged, according to Pham Chi Cuong Chairman of the Vietnam Steel Association.

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