Vietnam: Ferrous scrap imports upsurge 40% m-o-m in Dec’20

SE Asia’s largest ferrous scrap importer- Vietnam has observed a sharp rise of 40% m-o-m in Dec’20 imported scrap volumes. Imports stood at 0.73 mn t in Dec’20, as per the data maintained with SteelMint. Active restocking on strong steel demand, boosted imports.