Tag: Vietnam domestic scrap prices

Vietnam: Scrap prices keep falling amidst declining import offers

Nov 15, 2021

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by

Deepika Singh

in Melting Scrap

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.