Vietnam: Scrap prices keep falling amidst declining import offers

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Ferrous scrap prices in Vietnam have dropped by VND 500/t ($22/t), w-o-w, as per latest reports available with SteelMint.
The procurement price for H2 grade scrap stands at VND 11,100/kg ($483/t).
As for import prices, Japanese bulk H2 offers are assessed at $505/t CFR, a decrease of $10-15/t on the week.

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