Tag: East Asia: H2 scrap prices ease $5/t w-o-w as weak Vietnam demand; cheaper alternatives weigh

South Korean buying interest rises on favorable won Deep-sea scrap prices ease on competitive offers Japan’s H2 ferrous scrap export market remained subdued during the week ended 17 August, with summer holidays in Japan limiting trading activity and weak Vietnamese demand weighing on sentiment. Tight freight availability and competitively priced alternative raw materials, particularly Russian…