2.87 million tonnes of scrap (-6.9% year over year) were imported into Vietnam in the first eight months of 2023. Due to Vietnam's slow construction industry, buyers had little interest in the long products segment; instead, they were more interested in buying local scrap to reduce currency risks.
Vietnam’s scrap imports increased by 43.1%
Vietnam's scrap imports increased by 43.1% on a monthly basis in August, reaching 310,364 tons.
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