Vietnam’s steel imports down 13.6 percent in August from July

Wednesday, 14 September 2022 13:38:47 (GMT+3)   |   Istanbul
       

In August this year, Vietnam’s steel imports amounted to 785,138 mt, down 13.6 percent compared to July, while its scrap imports rose by 51.6 percent month on month to 328,925 mt, according to the data published by Vietnam’s General Department of Customs.

In the first eight months this year, Vietnam’s steel imports decreased by eight percent year on year to 8.19 million mt, while its scrap import shipments amounted to 3.08 million mt in the given period, falling by 32.0 percent year on year.

Vietnam’s main scrap import sources

Country

August (mt)

Y-o-y change (%)

January- August (mt)

Y-o-y change (%)

Japan

121,196

+21.9

890,978

-47.9

US

69,880

-43.7

688,472

-43.3

Hong Kong

48,115

+12.7

289,089

-13.9

Singapore

17,675

-6.1

143,472

+59.5

Vietnam’s main steel import sources

Country

August (mt)

Y-o-y change (%)

January- August (mt)

Y-o-y change (%)

China

352,156

+31.0

3,767,461

-11.8

Japan

134,299

-20.5

1,283,393

+2.4

South Korea

117,402

+0.3

910,766

-10.4

India

67,230

-60.5

591,222

-36.1

Taiwan

56,690

-30.5

744,062

-5.4


Similar articles

Carbon and stainless scrap prices in Taiwanese domestic market - week 13, 2024

28 Mar | Scrap & Raw Materials

Turkey’s deep sea scrap prices stabilize at $385-390/mt CFR

28 Mar | Scrap & Raw Materials

CISA: Coking coal purchase cost in China down 9.86% in Jan-Feb

28 Mar | Steel News

US scrap market still expecting sideways pricing in April

27 Mar | Scrap & Raw Materials

Ex-US deep sea scrap prices to Turkey increase, ex-EU prices relatively stable

27 Mar | Scrap & Raw Materials

Downtrend reverses in Pakistan’s import scrap segment

27 Mar | Scrap & Raw Materials

Average local Chinese scrap prices rise amid tight supply after previous decreases

27 Mar | Scrap & Raw Materials

Import scrap prices in India move up, but low bids prevent deals

27 Mar | Scrap & Raw Materials

Baltic countries and Czech Republic seek EU ban on ex-Russia scrap imports

27 Mar | Steel News

US iron and steel scrap exports down 12.9 percent in January

26 Mar | Steel News