Tag: South East Asian Scrap Prices
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Imported Scrap Offers to Vietnam Decline; Market Awaits Kanto Tender Results
Japanese scrap offers to Vietnam continued to move down this week. The offers have decreased by around USD 7/MT W-o-W. Japanese H2 scrap offers in bulk have now come down to around USD 245/MT CFR Vietnam, against last week’s report of USD 251-252/MT CFR. Currently, Japanese suppliers are holding back for a clear market direction.…