Tag: Indian scrap demand
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Vietnam: Imported scrap prices largely stable amid rising billet preference
Fewer Japanese scrap offers amid JPY fluctuations Some SE Asian scrap supply being diverted to India Imported ferrous scrap prices into Vietnam remained mostly stable w-o-w, with low buying interest due to the wide availability of cheaper billets. Suppliers maintained a bullish stance, attempting to raise offers, while buyers stayed cautious amid stable downstream product…