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Vietnam's steel imports rose 10.6 percent in June 2026 compared to May

Vietnam's steel imports rose 10.6 percent in June 2026 compared to May

According to data released by the General Administration of Customs of Vietnam, Vietnam's steel imports totaled 1.43 million tons in June this year, up 10.6 percent from May, while scrap imports totaled 604,432 tons, an increase of 33.8 percent over the same month.

Vietnam's steel imports increased 2.8 percent year on year this year to 7.77 million tons, and scrap imports amounted to 3.19 million tons during this period, an increase of five percent year on year.

Main sources of scrap imports in Vietnam

Country June (Fri) Change compared to last year (%) January-June (Fri) YoY change (%)
Japan 256,783 0.1 1,465,417 -12.3
Australia 57,177 >1000.0 215,728 13.6
USA 108,783 50.3 322,612 1.5
Hong Kong 50,970 21.2 218.110 5.3

Main sources of steel imports in Vietnam

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Country June (mt) Change compared to last year (%) January-June (mt) Change compared to last year (%)
China 862,529 13.9 3818534 -13.8
Japan