Tag: steel construction activity
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Vietnam: Slow steel market, construction activities push imported bulk scrap offers down by up to $14/t w-o-w
Lower demand amid slower finished steel trading Local scrap prices stable but expected to decline next week Japanese H2 scrap falls to $335-340/t CFR Vietnam Vietnamese scrap importers reduced their purchasing activity this week due to slower trading of finished steel products. Despite stable long product prices, an adjustment is expected soon. “Japanese scrap remains…