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Vietnam's steel imports down 11.0 percent in September 2026 from August

Friday, 09 October 2026 14:02:41 (GMT+3)   |   Istanbul

In September this year, Vietnam's steel imports amounted to 1.21 million mt, down 11.0 percent compared to August, while its scrap imports were recorded at 485,080 mt, increasing by 27.2 percent compared to the same month, according to the data published by Vietnam's General Department of Customs.

In the first nine months of the year, Vietnam's steel imports went up by 3.5 percent year on year to 11.58 million mt, while its scrap import shipments amounted to 4.66 million mt in the given period, up by 1.8 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    170,703 -43.6 1,951,955 -20.2
Australia    29,601 >1,000.0 344,936 39.7
US    40,177 -42.4 582,693 2.0
Hong Kong    39,840 56.1 317,601 10.2

Vietnam's main steel import sources

Country    September (mt) Y-o-y change (%) January-September (mt) Y-o-y change (%)
China    652,467 10.4 5,898,016 -8.8
Japan    107,656 -28.6 1,366,361 -19.2
India     51,313 >1,000.0 992,841 >1,000.0
Taiwan    85,234 9.5 819,623 27.0
South Korea    82,066 -33.2 1,023,077 -13.0
Indonesia    177,688 23.1 1,221,803 27.2
BoraKadıoğlu
Bora Kadıoğlu
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I graduated from Boğaziçi University with a degree in Translation and Interpreting Studies. I have been working in the iron and steel sector for three years as a content specialist at SteelOrbis, mainly focusing on plant investments, steelmaking technology, and import/export statistics.

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