Tag: Japan: H2 ferrous scrap export prices fall for third week; Vietnamese buying stays subdued

Vietnamese buyers favour containerised cargoes amid weak steel demand Domestic demand in Japan also slows due to summer maintenance at EAF mills Japan’s H2 ferrous scrap export market remained under pressure during the assessment week ended 27 July as subdued demand from Vietnam, rising freight costs, and seasonal weakness continued to weigh on prices. Weak…