Nearly three weeks after China announced a one-month suspension on U.S. scrap imports, Vietnam has announced that it’s also temporarily suspending scrap plastic imports. Vietnam’s suspension will begin on June 25 and last until October 15. A letter from Vietnam’s Tan Cang-Cai Mep International Terminal (TCIT), which was obtained by the Institute of Scrap Recycling Industries (ISRI), states that the temporary stop of scrap plastic imports is due to “overcapacity” at the Tan Cang-Cat Lai Terminal that’s causing backups and delays.
