Vietnam domestic price

Vietnam: Domestic scrap prices rise by $5/t

  • Domestic ferrous scrap prices in Vietnam have increased by around $5/t today, as per SteelMint assessment.
  • The procurement price for H1 grade scrap stands at VND 12,400/kg ($539/t), while VND 12,100/kg ($526/t) is the price for H2 scrap.
  • Hike in imported scrap offers have boosted domestic offers, SteelMint notes, as Vietnam regains momentum after the lifting of lockdown restrictions.

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