SteelMint

Tag: Vietnam domestic scrap prices

  • Vietnam: Domestic ferrous scrap prices up $26/t

    Vietnam: Domestic ferrous scrap prices up $26/t

    —

    by

    Deepika Singh
    in

    Domestic ferrous scrap prices in Vietnam have moved up again by VND 600/kg ($26/t) on week. The new purchase price for H1 scrap stands at VND 11,800/kg ($513/t), while VND 11,500 ($500/t) is the price set for H2 grade scrap. Limited scrap availability on lower collection rates amid COVID-19 has lifted domestic prices, SteelMint observes.