In August this year, Vietnam’s steel imports amounted to 1.19 million mt, down 17.8 percent compared to July, while its scrap imports increased by 30.9 percent month on month to 683,340 mt, according to the data published by Vietnam’s General Department of Customs.
In the January-August period this year, Vietnam’s steel imports dropped by 3.1 percent year on year to 9.35 million mt, while its scrap import shipments amounted to 3.81 million mt in the given period, rising by 8.1 percent year on year.
Vietnam’s main scrap import sources
|
Country |
August (mt) |
Yearly change % |
January-August (mt) |
Yearly change % |
|
Japan |
319,569 |
35,8 |
2,100,099 |
61,8 |
|
US |
148,907 |
-22,2 |
575,231 |
-21,1 |
|
Australia |
51,434 |
339,7 |
211,372 |
-41 |
|
Hong Kong |
39,035 |
63,6 |
287,472 |
26,8 |
Vietnam’s main steel import sources
|
Country |
August (mt) |
Yearly change % |
January-August (mt) |
Yearly change % |
|
India |
359,118 |
52.7 |
1,914,221 |
99.9 |
|
Japan |
287,782 |
108.4 |
1,736,645 |
26.9 |
|
South Korea |
170,714 |
23 |
1,160,917 |
2.6 |
|
China |
161,460 |
-61.1 |
2,638,576 |
-31.9 |
|
Taiwan |
105,567 |
-40.1 |
1,100,620 |
-0.8 |
|
Russia |
45,412 |
-34.2 |
311,091 |
4.92 |