Table 10: Vietnam total production of finished steel products (metric tonnes) (20102014)

Rails & accessories

Steel sheet piles
Sections
Bars
Wire rods

2010

2011

2012

2013

2014

42,700

34,970

30,000

22,000

40,000

4,665,500

4,427,968

3,975,000

4,100,000

4,582,000

950,300

1,007,358

1,044,000

1,001,000

1,035,000

Plates

Hot-rolled sheets & strips

Tires & wheels

Cold-rolled sheets & strips
(carbon steel)
Cold-rolled electrical sheets

1,720,000

1,472,887

1,747,000

1,992,000

2,620,000

Galvanised sheets

n/a

n/a

633,000

876,000

1,169,000

59,000

Other metallic-coated sheets

1,196,000

1,478,489

1,009,000

1,329,000

1,605,000

Pipes & tubes (welded)

Total finished steel products

673,800
9,248,300

731,159
9,152,831

774,654
9,212,654

969,000
10,289,000

1,221,000
12,331,000

Tinplates

Source: SEAISI

1.4

Steel scrap

Vietnam imports a large amount of scrap as domestic source is limited for use in long steel
production. In 2014, the level of scrap imports increased moderately by 3.3% y/y to 3.3mn
tonnes due to the increase in supply. Major sources of scrap import were Japan, Australia and
the U.S. Domestic scrap demand increased slightly by 1.4% y/y to 5.7mn tonnes, while supply
stagnated at 2.4mn tonnes. Export was not significant, but the volume jumped significantly by
47% to 65,000 tonnes in 2014.
Table 11: Scrap demand and supply (metric tonnes) (2013 vs. 2014)

Supply
Domestic supply
Imports
Total.(A)
Consumption (for steelmaking).(B)
Exports
Stock changes(A)-(B)-(C)

2013

2014

% Growth

2,371,000
3,235,000
5,606,000
5,606,000
44,118
-44,118

2,363,000
3,342,967
5,705,967
5,706,000
65,000
-65,033

-0.3
3.3
1.8
1.8
47.3
n/a

Source: SEAISI

Steel

Vietnam

Reproduced with permission of the copyright owner. Further reproduction prohibited without
permission.