Vietnam: Domestic ferrous scrap prices fall by $17/t

—

Domestic ferrous scrap prices in Vietnam have moved down by VND 400/kg ($17/t) on week.
The new purchase price for H1 scrap stands at VND 11,400/kg ($496/t), while VND 11,100 ($483/t) is the price settled for H2 grade scrap.
Trader sources believe that the current price is also not workable at the moment as mills are sitting on high steel inventories.

Comments