Tag: CFR Vietnam scrap prices

  • Vietnam: Scrap prices dip slightly w-o-w on muted buying

    Vietnam: Scrap prices dip slightly w-o-w on muted buying

    Buyers cautious due to weather disruptions Some mills actively purchasing deep-sea scrap Vietnam’s scrap market remained quiet in the backdrop of minor price declines, bid-offer gaps, and cautious buying on weak demand and weather disruptions, which kept both imported and domestic scrap trade subdued. Weekly assessments Japanese H2 scrap was at $322/t CFR, down by…