Tag: Asia scrap market update
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Vietnam’s imported scrap market remains cautious amid weak buying interest
US HMS offers high, bids lag Mills maintain comfortable scrap inventory Vietnam’s scrap market stayed cautious, with H2 and HMS prices down w-o-w amid ample inventories and weak buying interest. Mills awaited Kanto tender signals, while wide bid-offer gaps kept prices range-bound. Weekly assessments Japanese H2 scrap was at $322/t CFR Vietnam, down by $3/t…