Tag: Vietnam ferrous scrap imports
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Vietnam: Ferrous scrap imports increase by nearly 15% m-o-m in September
Vietnam, a major buyer of ferrous scrap in South East Asia, recorded imports at 321,170 tonnes (t) in September vis-a-vis 280,714 t in August, up 14 % m-o-m. The country’s scrap imports increased despite weak demand from end-users in the beginning of the month. However, due to depreciation of the Yen against the USD, imports…