Tag: SE Asia imported scrap offers
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Vietnam: Imported scrap trade remains slow on negative steel sentiments
Vietnam’s imported scrap market remained less active despite offers having come down to five-months lows. This trend is showing despite the fact that domestic and overseas prices continued to drop due to sluggish demand from end-users and negative sentiments in China’s finished steel market. Meanwhile, the rainy season also impacted the domestic market. The country’s…