Tag: Chinese steel market sentiment

Bullish Chinese sentiment supports prices Weak steel demand limits trade activity Imported ferrous scrap prices in Vietnam rose by up to $3/tonne (t) w-o-w, supported by tight supply and continued optimism from the Chinese market. However, trading activity remained subdued. August Kanto tender  In the August Kanto-Tetsugen tender, a 20,000-t H2-grade lot was awarded to…