DinhHuyTam of secretary-general of association of Vietnam iron and steel said recently, predict Vietnam steel demand increased about 15% 2008. Rolled steel consumed driving growth to reach 10.2 million tons last year, rolled steel crop is added reach 5.6 million tons, crop of square unburnt brick is added reach 2 million tons, the entrance makes an appointment with 2.2 million tons, steel demand increases strong basically is the government enlarges what infrastructure project investment and foreign country invest to flow into.

Current, global economy glides and inflationary aggravate, the Vietnam government growth GDP target from what decide at the beginning of this year 8.5% fall to 7% , of economy drop in temperature make consumption of domestic iron and steel suffers concussion greatly, because this Vietnam iron and steel industry begins,enlarge exit. Compressed first half of the year this year material, structure long ability and exit of square unburnt brick are 725 thousand tons respectively, about 174 thousand tons mix 380 thousand tons. This year first half of the year, crop of square unburnt brick 1.27 million tons, crop of senior capable person 2.2 million tons, cold rolling crop 250 thousand tons, solder provides yield 309 thousand tons.

This secretary-general builds steelworks project to express anxiety to many Vietnam, he points out, although demand of market of Vietnam iron and steel still is in,grow, but the yield that absorbs a plan impossibly to build steel mill in this country can, produce can fast dilate hurts investment company not only, still harmed Vietnam country itself. According to saying, vietnam senior capable person, steel tube and the yield with laminose coating all can have superfluous.