Author: Reena

  • Vietnam: Imported scrap trade yet to pick up post-Tet holidays

    Vietnam: Imported scrap trade yet to pick up post-Tet holidays

    Vietnam’s imported scrap market resumed after a week-long Tet holiday. Steel producers are yet to reach their operations at total capacity, post-holidays. However, imported scrap prices remain high, on the back of active trading activities from global scrap leader Turkiye. Indicative offers for Japanese bulk H2 scrap surged to $440-445/t, moving up significantly by $15/t…