Both domestic steel production and imports surged during the first month of 2015, in anticipation of an increase in demand.

Reports from the Ministry of Industry and Trade showed that the domestic steel industry, in the first month of the year, produced 280,400 tonnes, up 71 percent year-on-year, while Vietnam Steel Corporation contributed 120,700 tonnes to the total, a 51 percent increase.

The country also imported 1.1 million tonnes of steel, up 91 percent year-on-year.-VNA