Vietnam: Ferrous scrap imports rise by 17% m-o-m in October

SE Asia’s largest ferrous scrap importer -Vietnam has recorded 17% increase in imports. Imports stood at 0.55 mn t in Oct’20 as against 0.47 mn t in Sept’20, according to data maintained with SteelMint. Japan continued to remain the largest scrap supplier to Vietnam at 0.32 mn t, imports in Oct (up by 10% m-o-m).