Tag: South East Asia
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Vietnam: Ferrous scrap import prices uptrend continues despite lower bids
Imported scrap prices to Vietnam continued to rise w-o-w, reflecting bullish moods in the global market specifically in Turkiye and Japan Kanto scrap tender. In this context, Vietnamese steel mills increased their bids slightly. However, these are yet to match market price levels. Japanese H2 scrap was offered at around $455-460/t CFR Vietnam last week…