11:16:35 AM | 21/7/2008
The amount of iron and steel imports has risen again from the ning of July after a time of standstill, the Ministry of Industry and Trade said on July 18.
In the first week of July, iron and steel import reached nearly 96,100 tons, up 38.1 per cent on-week including more than 30,500 tons of steel billets, increasing by over 71.5 per cent on-week.
Steel sheet import also ed more than 16,300 tons, a rise of 9.3 per cent on-week.
The import price of steel billet stayed at US$948/ton, up 3.5 per cent compared with the final week of June and steel sheet US$855/ton, up 11.1 per cent.
The highest import price belonged to stainless steel, at over US$2,680/ton, up 27.8 per cent on-week.
Only price of shaped steel import reduced 21.4 per cent so the import volume increased by 19.1 per cent on-week. (Pioneer, Market)
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