Vietnam: Domestic scrap prices rise by $5/t

• Domestic ferrous scrap prices in Vietnam has increased by around $5/t this week, as per SteelMint assessment.
• The procurement price for H1 grade scrap stands at VND 12,300/kg ($535/t), while VND 12,000/kg ($522/t) is the price for H2 scrap.
• The easing of COVID-19 lockdown restrictions in the country from the beginning of this month has resulted in improved buying enquiries.