Tag: Vietnam scrap industry

Vietnam: Bulk ferrous scrap import prices fall $8/t; demand weak ahead of Lunar holidays

Jan 13, 2025

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by

Adarsh Ramteke

in Melting Scrap

Vietnam to tighten imported scrap standards H2 price softened on ahead of Lunar New Year Vietnam’s imported scrap market witnessed a sharp decline in the last seven days, by up to $8/tonne (t) primarily driven by the persistent gap between buyer and seller expectations. Buyers were targeting $305-308/t CFR Vietnam for H2 scrap grade from…