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In 2015, Vietnam's steel sales volume was about 7 million tons, a year-on-year increase of 24.
3%.
Among them, Chinese steel accounts for 20% of
the Vietnamese market.
China's steel prices are low, which puts greater competitive pressure
on Vietnamese steel.
As the RMB continues to depreciate, China's steel prices will continue to fall in the future and flood into the Vietnamese market, and local steel companies in Vietnam will face more pressure
.
In 2015, Vietnam's steel sales volume was about 7 million tons, a year-on-year increase of 24.
3%.
Among them, Chinese steel accounts for 20% of
the Vietnamese market.
China's steel prices are low, which puts greater competitive pressure
on Vietnamese steel.
As the RMB continues to depreciate, China's steel prices will continue to fall in the future and flood into the Vietnamese market, and local steel companies in Vietnam will face more pressure
.
