Vietnam’s steel imports down 5.3 percent in September from August

Tuesday, 11 October 2022 12:16:12 (GMT+3)   |   Istanbul

In September this year, Vietnam’s steel imports amounted to 743,359 mt, down 5.3 percent compared to August, while its scrap imports almost remained unchanged month on month at 328,884 mt, according to the data published by Vietnam’s General Department of Customs.

In the first nine months this year, Vietnam’s steel imports decreased by 8.3 percent year on year to 8.93 million mt, while its scrap import shipments amounted to 3.41 million mt in the given period, falling by 31.0 percent year on year.

Vietnam’s main scrap import sources

Country

September (mt)

Y-o-y change (%)

January- September (mt)

Y-o-y change (%)

Japan

123,515

+51.9

1,014,454

-43.4

US

67,120

-58.4

755,592

-45.1

Hong Kong

29,908

-18.3

318,997

-14.4

Vietnam’s main steel import sources

Country

September (mt)

Y-o-y change (%)

January- September (mt)

Y-o-y change (%)

China

223,250

+17.9

3,990,723

-10.6

Taiwan

116,946

+138.3

861,009

+2.9

India

116,658

-49.8

707,880

-38.9

South Korea

110,979

+0.1

1,021,795

-9.4

Japan

97,470

+19.9

1,380,877

-22.9

ElifKefeli
Elif Kefeli
Editor

I graduated from Yeditepe University’s Department of Translation and Interpreting Studies in 2017. I joined SteelOrbis in 2021, where I currently work as a content specialist. I am writing news reports and industry-related content with a special focus on decarbonization, green steel, sustainability, and recycling.

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