Tag: Lunar New Year steel market
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East Asia: Japanese H2 scrap prices stable amid Lunar New Year lull
Tokyo Steel raises domestic scrap prices Vietnam market quiet during holidays East Asian scrap markets remained largely stable on 23 February, with Japanese export prices holding stable and Vietnamese buying activity subdued amid Lunar New Year slowdown. Limited spot transactions and balanced supply-demand dynamics kept price movements muted across regional and deep-sea segments. Weekly assessments…