Tag: Vietnam domestic scrap prices

Vietnam’s domestic scrap prices have increased on supply shortage due to lower collection during the pandemic. The procurement prices of H1 and H2 grades are at VND 12,400/kg ($539/t) and VND 12,100/kg ($526/t), respectively, up VND 600-1,000/kg ($26-43/t) compared to 3 Jan’22. Import prices of Japanese bulk H2 scrap are assessed at $500-505/t CFR.