Tag: billet and long steel prices
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Vietnam: Imported bulk scrap prices inch up by $3/t w-o-w; mills resist higher offers
Japanese scrap offers firm, but bid-offer gap limits trade Domestic billets, long steel prices rise on higher scrap costs Vietnam’s imported scrap prices rose by up to $3/tonne (t) w-o-w, supported by rising offers from the suppliers. However, overall market activity remained subdued due to a slow recovery in construction, delayed government spending, and tardy…