Tag: higher freight support offers
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East Asia: H2 scrap prices edge up as firm US market, higher freight support offers
South Korean buying interest improves on favorable currency US deep-sea scrap offers gain on firm domestic market Japan’s H2 ferrous scrap export market remained broadly stable during the week ended 31 August, with rangebound offers and cautious Vietnamese buying limiting trading activity. Firm US domestic scrap prices supported deep-sea export offers, while higher freight costs…