Tag: Japan: Weak Vietnam
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Japan: Weak Vietnam, Bangladesh demand drags scrap exports; Kanto prices extend decline
Lower dollar prices offset currency depreciation benefits Kanto scrap prices decline on weak exports Japan’s ferrous scrap export market remained under pressure during the week as sluggish demand from key buyers Vietnam and Bangladesh continued to weigh on export negotiations. Seasonal rains, weak downstream steel demand, and buyers’ resistance to higher prices limited fresh transactions,…