Tag: Hoa Phat

Vietnam: Cautious market activity prevails even as imported H2 scrap offers rise

Nov 4, 2024

—

by

Adarsh Ramteke

in Melting Scrap

Market sees low inquiries for H2 scrap Hoa Phat cuts HRC prices by $13/t Imported ferrous scrap prices into Vietnam from Japan have risen by approximately $3/t in the, while offers for US scrap remain largely stable. According to a market insider, inquiries for H2 scrap remain low as workable prices stay below $345/t. Buyers…