As per Vietnam iron and steel data compiled by SteelMint, in Feb ’20 imports stood at 1.02 mn t which touched 1.33 mn t in Mar ’20. A similar trend was observed in CY ’19 where the import volumes were 0.864 mn t in Feb and 1.35 mn t in Mar. It would be fair to say, therefore, that trade activities are expected to increase post-Lunar/Tet New Year holidays.
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