In January this year, Vietnam’s steel imports amounted to 1.52 million mt, down 16.4 percent compared to December and increasing by 60.6 percent compared to January 2025, while its scrap imports decreased by 25.8 percent month on month and increased by 68.4 percent year on year to 507,237 mt, according to the data published by Vietnam’s General Department of Customs.
|
Country
|
January 2026 (mt)
|
Y-o-y change (%)
|
|
Japan
|
203,040
|
38.8
|
|
Australia
|
8,539
|
-69.1
|
|
US
|
51,047
|
43.7
|
|
Hong Kong
|
53,790
|
17.8
|
Vietnam’s main steel import sources
|
Country
|
January 2026 (mt)
|
Y-o-y change (%)
|
|
China
|
695,365
|
29.4
|
|
Japan
|
148,128
|
-3.9
|
|
India
|
87,356
|
>1,000.0
|
|
Taiwan
|
79,207
|
25.5
|
|
South Korea
|
176,752
|
71.0
|
|
Indonesia
|
260,111
|
235.8
|
