Tag: Vietnam: Imported scrap prices inch up by $2/t w-o-w amid dong slide

Weak sentiment keeps mills on sidelines H2 demand fades as rainy season approaches Imported ferrous scrap prices in Vietnam recorded a marginal rise of $2/tonne (t) w-o-w, but overall sentiment remained muted due to weak steel demand and ongoing currency pressure. The depreciation of the Vietnamese dong (VND), followed by sluggish billet prices and soft…