Tag: Chinese optimism

Vietnam: Imported scrap prices rise by up to $3/t w-o-w on tight supply

Aug 11, 2025

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by

Adarsh Ramteke

in Melting Scrap

Bullish Chinese sentiment supports prices Weak steel demand limits trade activity Imported ferrous scrap prices in Vietnam rose by up to $3/tonne (t) w-o-w, supported by tight supply and continued optimism from the Chinese market. However, trading activity remained subdued. August Kanto tender In the August Kanto-Tetsugen tender, a 20,000-t H2-grade lot was awarded to…