Tag: imported scrap Vietnam
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Vietnam: Scrap prices edge up by $2/t w-o-w despite cautious buying, currency pressures
Bid-offer disparities continue to restrict trading activity Mills plan scrap inventory build-up after Lunar New Year Vietnam’s scrap prices edged up by $2/tonne (t) w-o-w despite cautious market sentiment and currency pressures limiting deals. Bullish expectations regarding future prices drove up spot rates, as general scrap demand in Vietnam is expected to increase in the…