Intel Details

Vietnam: Domestic ferrous scrap prices up $26/t

Melting Scrap
2 Aug 2021, 16:44 IST
Steel Mint Intel

  • Domestic ferrous scrap prices in Vietnam have moved up again by VND 600/kg ($26/t) on week.
  • The new purchase price for H1 scrap stands at VND 11,800/kg ($513/t), while VND 11,500 ($500/t) is the price set for H2 grade scrap.
  • Limited scrap availability on lower collection rates amid COVID-19 has lifted domestic prices, SteelMint observes.

2 Aug 2021, 16:44 IST
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