Vietnam: Ferrous scrap imports rebound in August

  • Vietnam imported 280,714 t of ferrous scrap in Aug’22, a 59% m-o-m rise as against 176,764 t a month ago, as per data maintained with SteelMint.
  • Japan continued to be the largest exporter at 121,196 t followed by USA and Hong Kong at 69,880 t and 48,115 t respectively.
  • On a y-o-y basis too, the country’s imports fell by 14% from 327,190 t in Aug’21.

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