Tag: Imported scrap offers to Vietnam
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Vietnam: Imported scrap offers up $15/t w-o-w despite drop-in steel prices
Imported scrap prices into Vietnam rose by $15/t compared to the levels seen at the beginning of last week, even as steel prices declined. The steelmakers are actively tracking other prospective scrap sourcing markets for fresh cargo bookings for Aug’21 shipments at workable prices. The nearest and most preferred is Japanese scrap which is, however,…