Vietnam’s scrap imports grow in Aug m-o-m, y-o-y
Time:Mon, 21 Oct 2024 06:31:09 +0800
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Vietnam's scrap steel imports experienced strong growth in August 2024, rising 19% from about 340,000 tons in July to 404,000 tons. This marks a 37% increase compared to August 2023, when imports were about 296,000 tons.
Between January and August 2024, the country imported a total of 2.9 million tons of scrap steel, a 17% increase from 2.5 million tons during the same period the previous year.
Japan remained Vietnam's top supplier, exporting 211,000 tons, which accounted for more than half of Vietnam's total imports. Other key suppliers were Hong Kong (about 75,000 tons), Australia (about 56,000 tons), and the US (about 43,000 tons).
