Tag: Japanese scrap prices CFR Vietnam
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East Asia: Japanese scrap offers rise as Vietnamese buyers resist higher prices
Tokyo Steel raises buying prices by JPY 1,000/t at two locations Higher Japanese offers meet cautious buying interest in Vietnam H2 scrap export prices strengthened during the week ended 19 October, supported by firm domestic mill demand, higher Kanto Tetsugen tender results and fresh buying price increases from Tokyo Steel. However, Vietnamese buyers resisted higher…