Tag: Hoa Phat HRC

Vietnam: Imported scrap prices drop $2/t w-o-w on weak demand, monsoon disruption

Jul 7, 2025

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by

Adarsh Ramteke

in Melting Scrap

Vietnamese mills cautious amid low sales, ample inventory Domestic price cuts, new US tariffs exert pressure on market Imported ferrous scrap prices in Vietnam edged down by $2/tonne (t) w-o-w, with the market impacted by monsoon disruptions, softer regional trends, and cautious sentiment following recent trade agreements. Japan, a key scrap exporter to Vietnam, saw…