Vietnam steel scrap imports jump 65% in Q1 on boom in Japan, US volumes

Ferrous scrap imports to Vietnam rose by 64.8% year on year over the first three months of 2020, statistics from the country's customs bureau show.

Total scrap imports reached 1.39 million tonnes in January-March 2020, up from 843,666 tonnes in the corresponding period of last year.
Scrap imports from Japan saw the largest rise of any major seller to the country, soaring by 110.3% over the period to 805,055 tonnes.

Vietnam has become increasingly important to Japanese sellers in recent months, with...

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