Tag: Vietnam GDP growth 2024

Vietnam: Bulk ferrous scrap import prices from the US drop $4/t w-o-w amid slow buying activity

Jan 6, 2025

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by

Adarsh Ramteke

in Melting Scrap

Vietnam’s scrap market weakens with slow restocking and reduced mill activity Steel mills run at 50-60% capacity, balancing production amid uncertainty Vietnam’s imported scrap market experienced a slight decline this week, with trading activity slowing down due to the year-end market closure. Scrap demand remained subdued, while market participants noted that restocking efforts would take…