Tag: Imported scrap price

  • Vietnam: Imported scrap prices correct marginally on lower bids

    Vietnam: Imported scrap prices correct marginally on lower bids

    Vietnam, South East Asia’s largest ferrous scrap importer, has witnessed a maginal price correction w-o-w. Meanwhile, prices have corrected by over $50/tonne (t) in the last one month. But, notably, despite the sharp decrease in imported scrap prices, limited trade was recorded for the imported material. Market players have chosen to wait and watch for…