Tag: Imported scrap offers Vietnam
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Vietnam: Imported scrap offers stable, bids fall on declining billet prices
Vietnam’s imported scrap offers have remained mostly stable due to less buying interest seen during last week. Trade for bulk cargoes remained limited on lower bids from buyers. SteelMint’s assessment for Japanese H2 bulk scrap stands at $530/tonne (t) CFR, slightly down by $5/t week-on-week (w-o-w). The same for US-origin HMS 1&2 (80:20) remained stable…