Tag: Japan H2 scrap offers rise on freight and currency pressures; Vietnam remains cautious

Tight deep-sea scrap availability supports higher H2 offers Vietnamese mills resist higher offers amid weak rebar prices Japan’s H2 ferrous scrap export prices moved higher during the assessment week ended 14 September, supported by a stronger yen, higher ocean freights, and tight deep-sea scrap availability. However, buying interest in Vietnam remained cautious, as downstream rebar…