According to the data received from the authorities, the price of metal in the domestic market increased. Between February 1-15, Vietnam exported more than 303,000 tons of steel products, doubling compared to the same period of the previous year. The value of exports increased by 63.5% to US$ 227.5 million.
The recovery and stabilization of the Chinese real estate sector leads to a greater need for rebar. This has a positive impact on Vietnamese rebar and copper prices.