Tag: Imported scrap offers to VietnamVi
-
Vietnam: Imported scrap trade subdued, slight price correction likely
The imported scrap market in Vietnam remained less active owing to increasing Covid-19 cases and recent correction in Japanese domestic scrap prices. Imported scrap offers into Vietnam for bulk Japanese H2 are heard at $495-500/tonne (t) CFR levels. Market sources are expecting a price correction after Tokyo Steel slashed prices today, 19 Jul’21. The leading…