Tag: market fluctuations

Vietnam: Bulk ferrous scrap import prices fall $5/t w-o-w amid bid-offer mismatches

Jan 20, 2025

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by

Adarsh Ramteke

in Melting Scrap

Potential US-China trade tensions keep market uncertain Vietnamese buyers reluctant to raise purchase prices The Vietnamese imported scrap market saw a $5/tonne (t) decline in the last week, primarily driven by the ongoing gap between buyer-seller expectations. H2 prices in Vietnam were reported at $312-315/t CFR, with tradable levels at around $310/t. Bids for H2…