Tag: post-Tet production
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Vietnam: Imported scrap prices inch down by $2/t w-o-w on cautious mill buying
Mills cautious despite supportive currency moves Stable offers keep scrap prices capped Vietnam’s imported scrap market remained rangebound during the week, as most offers were stable and a wide bid-offer gap limited deal activity. Restocking ahead of post-holiday production and supportive currency movements lent some support, but cautious buying sentiment and lack of urgency among…