Tag: Vietnam imported scrap
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Vietnam: Ferrous scrap imports jump more than 45% in Apr’22 on steel demand recovery
Vietnam, South East Asia’s largest ferrous scrap buyer, recorded 0.43 mnt of ferrous scrap imports in April 2022 against 0.29 mnt a month ago, a significant hike of 48% m-o-m, as per SteelMint’s customs data. Imports rebounded amidst a lower base in March 2022 due to Covid. Also, steel demand in Vietnam is gradually recovering…