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Vietnam imports less steel in January-May

HANOI, June 6 (Xinhua) — Vietnam spent more than 5.4 billion U.S. dollars importing over 5.1 million tons of steel and iron in the first five months of this year, up 17.1 percent in value and down 14.3 percent in volume year on year, data from the Vietnam Steel Association showed on Monday.

In May alone, the Southeast Asian country imported about 1.1 million tons of steel and iron products worth approximately 1