Tag: Hoa Phat steel complex Dak Lak

Vietnam: Scrap prices edge up $5/t w-o-w; weak VND, holiday lull curb activity

Aug 25, 2025

—

by

Adarsh Ramteke

in Melting Scrap

Restart of operations at northern mill to boost demand Government projects to support Vietnam’s scrap market Imported ferrous scrap prices in Vietnam inched up by $5/tonne (t) w-o-w, but demand stayed muted as the holiday slowdown and a weaker VND weighed on buying interest. Weekly assessments Japanese H2 scrap was at $318/t CFR, up by…