Tag: Vietnam ferrous scrap imports
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Vietnam: Ferrous scrap imports fall by 21% m-o-m in Jul’24 amid weak steel demand
Vietnam’s ferrous scrap imports stood at 0.34 million tonnes (mnt) in July 2024 marking a sharp 21% decline as compared to 0.43 mnt in June 2024. According to BigMint’s data, on a y-o-y basis imports increased by 100% as compared to 0.17 mnt in July 2023. Vietnam’s reduced ferrous scrap imports in July are majorly…