Tag: SE Asia
-

Vietnam: Imported scrap market maintains silence, prices at 3-months low
Vietnam’s imported scrap market maintained silence for the sixth consecutive week. The continue downtrend in finished steel demand slowed down scrap market activities. Despite the low offers, buyers and steelmakers are still not showing interest in booking any major slots. Indications for imported Japanese bulk H2 scrap are at $375/t CFR, unchanged w-o-w. Prices have fallen…