Tiếng Việt
한국어
中文 (中国)
日本語Vietnam’s steel imports in November (likely 2025, given recent data) were around 1.52 million metric tons (mt), a small decrease of roughly 0.4% from October, as reported by SteelOrbis on December 08 2025
Source: Vietnam’s steel imports down 0.4 percent in November 2025 from October
Disclaimer: The content, knowledge, and methods presented belong to the original author. Due to the rapidly evolving nature of the steel manufacturing industry, some information may be outdated or may have changed since the time of publication. Readers are advised to consult original sources and verify the information before applying it in practice. This post is intended solely for reference and knowledge sharing purposes.
In November this year, Vietnam’s steel imports amounted to 1,462,514 mt, down 39.4 percent compared to October, while its scrap imports grew by 29.7 percent month on month to 448,937 mt, according to the data published by Vietnam’s General Department of Customs.
Vietnam’s main scrap import sources (Vietnam’s steel imports)
| Country | November (mt) | Y-o-y change (%) | January-November (mt) | Y-o-y change (%) |
|---|---|---|---|---|
| Japan | 221,842 | -12.5 | 2,967,828 | 32.5 |
| Australia | 27,008 | -9.6 | 304,583 | -0.7 |
| US | 41,712 | -1.5 | 689,421 | 50.3 |
| Hong Kong | 17,976 | -40.2 | 327,903 | -35.9 |
Vietnam’s main steel import sources (Vietnam’s steel imports)
| Country | November (mt) | Y-o-y change (%) | January-November (mt) | Y-o-y change (%) |
|---|---|---|---|---|
| China | 870,786 | -0.6 | 8,362,479 | -24.2 |
| Japan | 165,077 | -25.2 | 1,987,902 | 3.6 |
| India | 49,882 | >1000.0 | 63,284 | -74.1 |
| Taiwan | 59,013 | -14.0 | 819,356 | 2.8 |
| South Korea | 190,941 | 6.3 | 1,498,102 | 21.5 |
| Indonesia | 153,744 | 51.2 | 1,169,704 | 56.6 |
Combined Analysis about Vietnam’s steel imports
Vietnam is experiencing significant fluctuations in scrap and steel imports (Vietnam steel import). Japan remains the largest scrap supplier with strong growth, while the US also shows notable increases, reflecting more diversified demand. In contrast, Hong Kong recorded sharp declines both in November and year-to-date, signaling shrinking scrap trade with Vietnam.
In steel imports, China continues to dominate Vietnam steel import flows, but its 24.2% YoY drop suggests adjustments in demand or import policies. Japan and Taiwan remain important suppliers but with slower growth. Meanwhile, Indonesia and South Korea stand out with strong increases, highlighting Vietnam’s trend toward supply diversification. India is particularly volatile, with an exceptional spike in November but a steep year-to-date decline, underscoring instability in steel trade.
Overall, the Vietnam steel import and scrap import data indicate that Vietnam is shifting its import sources, maintaining traditional partners such as China and Japan while expanding into new markets like Indonesia and South Korea. This strategy helps balance demand, mitigate risks, and secure a stable supply for the domestic steel industry.
NAM TRUNG DESIGN & CONSTRUCTION CONSULTING JOINT STOCK COMPANY
A leading EPC contractor for civil, industrial, commercial, and infrastructure projects in Southeast Vietnam.
119 Le Loi, Phu My Ward, Ho Chi Minh City
(+84) 908 90 42 72 / (+84) 908 42 42 72
sales@namtrungcons.com
namtrungcons.vn/ namtrungcons.com
