UTC+8 ( BJT)

Vietnam Aug steel scrap imports slump on lockdown curbs

ABSTRACT

Vietnam's ferrous scrap imports were recorded at 0.33 million tonnes (mn t) in Aug'21, a decrease of 50% m-o-m vis-a-vis 0.66 mn t in Jul'21.
The US was the largest supplier followed by Japan and Hong Kong in Aug'21. Ferrous scrap import bookings dropped with lower trade volumes observed on account of the Covid situation in Ho Chi Minh City which was the hardest-hit area in Vietnam. This has severely affected dealing activities for the

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