Vietnam scrap import vols up 21% over Jan-Aug
Monday, September 17,2018
AsemconnectVietnam - Vietnam imported 3.48 million tonnes of ferrous scrap in the first eight months of 2018, a 21% year-on-year increase from 2.88 million tonnes in January-August 2017, the General Department of Vietnam Customs announced on Tuesday September 11.
Japan was the principal supplier of ferrous scrap to Vietnam, sending 154,104 tonnes of the steelmaking raw material last month. This was down from the 197,209 tonnes shipped to Vietnam in August last year.
Hong Kong was Vietnam's fourth-largest source of scrap, accounting for 44,481 tonnes last month, down from 70,042 tonnes a year earlier. Australia shipped 41,025 tonnes of scrap to Vietnam in August, down from 50,064 tonnes, while Singapore sent 23,475 tonnes.
Metal Bulletin most recently assessed the cfr Vietnam scrap import price at $345-350 per tonne on September 7, stable week on week.
Steel demand in Vietnam has expanded rapidly since 2013, with numerous companies investing in domestic producers such as Formosa Ha Tinh Steel, Hoa Sen Group and Hoa Phat Group.
Vietnam showing better-than-average growth: Indian expert
Vietnam works hard to boost exports to Chinese market
DAILY: Vietnamese pepper prices remained unchanged on March 24
Reference exchange rate down 15 VND
DAILY: Vietnamese coffee prices rose by 300 VND on March 24
Stock market violations to face stricter sanctions
Wood industry strives to regain growth momentum
Vietnam's exports to several ASEAN markets rebounded
Export turnover to the US in 2 months of 2023 reached 13 billion USD
DAILY: Vietnamese pepper prices remained unchanged on March 23
DAILY: Vietnamese coffee prices fell by 300 VND on March 23
Singaporean site highlights Vietnam’s potential for fintech growth
Vietnamese coffee finds ways to gain foothold in RoK market
Dragon fruit export turnover reaches 47 million USD
Plan on implementing Decision No. 327/QD-TTG dated March ...
Concretize viewpoints, objectives, tasks and solutions of the plan in accordance with practical conditions of the locality, associating ...Plan on implementing national environmental protection ...
Implementation plan of marine aquaculture development ...
Program on conservation and development of Vietnamese ...
Plan on improving quality of human resources to 2025 and ...
Efforts taken to turn culinary culture into national ...
The Vietnam Cuisine Culture Association (VCCA) is taking steps to implement a project to build and develop Vietnamese culinary culture ...Vietnamese cuisine making a name for itself with ...
Vietnam advance to next round of AFC U20 Women’s Asian Cup
Cultural tourism and traditional values promoted through ...
