Vietnam: Domestic scrap prices remain stable

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Domestic ferrous scrap prices in Vietnam remained unchanged, w-o-w, as per SteelMint assessment.
The procurement price for H1 grade scrap is at VND 12,400/kg ($539/t).
H2 scrap prices stand at VND 12,100/kg ($526/t).
Japanese Bulk H2 offers are at $550/t CFR Vietnam, up $10/t w-o-w. However, no deals have been heard. Offers have increased by around $50/t from early-Oct’21.

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