Tag: Kanto tender effect
-
Vietnam: Imported bulk scrap prices rise by up to $6/t w-o-w following rise in Kanto tender bids
Kanto tender boosts sentiment, but deals scarce Freights ease amid availability of more vessels Vietnam’s imported scrap prices rose by up to $6/tonne (t) w-o-w, supported by improved spot market sentiments following the Kanto tender as suppliers held firm on their offers despite a continued bid-offer gap. Despite the increase in offers post-Kanto tender, Vietnamese…