Vietnam’s steel imports up 21.3% in Jan from Dec, scrap imports fall

Tuesday, 16 February 2021 12:29:18 (GMT+3)   |   Istanbul
       

In January this year, Vietnam’s steel imports amounted to 1.22 million mt, up by 21.3 percent compared to December and increasing by 28.3 percent year on year, while its scrap imports decreased by 48.2 percent month on month and rose by 20.0 percent year on year to 413,248 mt, according to the data published by Vietnam’s General Department of Customs.

Vietnam’s main scrap import sources

Country

January (mt)

Y-o-y change (%)

Japan

177,175

23.7

US

78,243

44.6

Hong Kong

49,405

3.2

 Vietnam’s main steel import sources

Country

January (mt)

Y-o-y change (%)

India

89,361

-59.0

Japan

170,027

-7.8

South Korea

154,400

24.2

China

510,654

196.4

Taiwan

112,938

-29.0

Russia

128,087

4041.1


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