Tag: Vietnam scrap procurement
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Vietnam: Imported scrap prices fall by up to $5/t w-o-w amid monsoon slowdown
Mills delay purchases due to poor rebar sales Procurement pause likely to last till late Jul’25 Imported ferrous scrap prices in Vietnam declined by up to $5/tonne (t) w-o-w, with persistent monsoon disruptions and sluggish demand continuing to suppress market activity. Japan, Vietnam’s top ferrous scrap supplier, also faced subdued interest despite a weaker JPY…