Domestic ferrous scrap prices in Vietnam have increased by $9/t week on week.
The procurement price for H1 grade scrap is 12,200 VND/kg ($530/t), while the price for H2 scrap stands at 11,900 VND/kg ($517/t).
As Asia's leading steel producing country emerges from quarantine, domestic steel production, exports and raw material price sentiment are expected to remain optimistic.
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