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Vietnam imported 9.3 million tons of steel from January to August, down 11% year-on-year

Vietnam imported 9.3 million tons of steel from January to August, down 11% year-on-year
Issue Time:2018-09-13

Vietnam Iron and Steel Association said on Wednesday that thecumulative imports of Vietnamese steel products in the first eight months ofthis year reached 9.3 million tons, down 11% year-on-year; the total amounttotaled 6.7 billion US dollars, up 10.2% year-on-year.


In the same period, the import of basic metals such ascopper, aluminum and zinc in Vietnam was 1.6 million tons, and the import valuewas US$5.3 billion, up 34.7% and 35.9% respectively.


According to Vietnam Customs data, Vietnam’s steel importslast year were 15 million tons, and the import value was 9 billion US dollars.Among them, steel products imported from China amounted to 7 million tons,amounting to 4.1 billion US dollars. The Vietnamese steel suppliers behindChina are Japan and South Korea.

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