Tag: deep-sea offers
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Vietnam: Imported ferrous scrap prices continue to drop on weak demand
In Vietnam, prices for imported ferrous scrap particularly from Japan have decreased by $5/t w-o-w. This drop follows the monthly Kanto tender which saw prices falling to their lowest level in over two years. The imported ferrous scrap market remained subdued this week. Australia-origin deepsea offers were heard at $360/t CFR Vietnam, while US offers…