In September this year, Vietnam’s steel imports amounted to 1.52 million mt, up 33.5 percent compared to September, while its scrap imports were recorded at 564,236 mt, up 6.9 percent compared to the same month, according to the data published by Vietnam’s General Department of Customs.
In the first ten months of the year, Vietnam’s steel imports decreased by 13.5 percent year on year to 12.72 million mt, while its scrap import shipments amounted to 5.14 million mt in the given period, up by 32.6 percent year on year.
Vietnam’s main scrap import sources
| Country | October (mt) | Y-o-y change (%) | January-October (mt) | Y-o-y change (%) |
| Japan | 310,358 | 63.7 | 2,750,878 | 38.5 |
| Australia | 30,716 | 3.4 | 277,575 | 0.3 |
| US | 76,629 | 78.6 | 647,709 | 55.6 |
| Hong Kong | 21,673 | -37.7 | 309,927 | -35.6 |
Vietnam’s main steel import sources
| Country | October (mt) | Y-o-y change (%) | January-October (mt) | Y-o-y change (%) |
| China | 1,030,007 | -44.3 | 7,484,643 | -26.3 |
| Japan | 131,334 | -23.8 | 1,821,614 | 7.2 |
| India | 1153 | -94.7 | 13,402 | -94.5 |
| Taiwan | 114,888 | 56.3 | 760,343 | 4.4 |
| South Korea | 130,430 | -9.0 | 1,307,145 | 24.0 |
| Indonesia | 61,059 | -49.6 | 1,017,667 | 57.7 |
