In April this year, Vietnam’s steel imports amounted to 1,283,246 mt, down 10.7 percent compared to March, while its scrap imports went down by 11.6 percent month on month to 407,640 mt, according to the data published by Vietnam’s General Department of Customs.
In the first four months of the year, Vietnam’s steel imports increased by 42.5 percent year on year to 5.37 million mt, while its scrap import shipments amounted to 1.69 million mt in the given period, down by 8.0 percent year on year.
Vietnam’s main scrap import sources
|
Country |
April (mt) |
Y-o-y change (%) |
January-April (mt) |
Y-o-y change (%) |
|
Japan |
175,943 |
-11.4 |
866,284 |
48.8 |
|
Australia |
35,336 |
-40.7 |
118,009 |
5.4 |
|
US |
51,802 |
-71.6 |
145,611 |
-74.8 |
|
Hong Kong |
48,662 |
24.8 |
187,761 |
41.2 |
Vietnam’s main steel import sources
|
Country |
April (mt) |
Y-o-y change (%) |
January-April (mt) |
Y-o-y change (%) |
|
China |
865,658 |
41.0 |
3,670,303 |
78.2 |
|
Japan |
127,833 |
-25.3 |
551,458 |
-9.5 |
|
India |
45,357 |
43.1 |
150,645 |
-39.4 |
|
Taiwan |
81,997 |
37.6 |
327,683 |
41.3 |
|
South Korea |
103,177 |
9.0 |
382,977 |
12.3 |
|
Indonesia |
53,932 |
11.5 |
212,912 |
1.1 |