Tag: RestockingEfforts
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Vietnam: Imported bulk scrap offers from Japan rise by $10/t w-o-w, weak buyer interest persists
Vietnam’s imported scrap prices up by $10/t; cautious sentiment post-Golden Week. Mills shows interest in restocking amid stable domestic prices. In Vietnam, imported ferrous scrap prices from Japan continued to increase by around $10/tonne (t), while US scrap offers have also gone up. Despite this, overall sentiment was weak following China’s Golden Week, and expectations…