Tag: Steel market pressure in Asia 2024
-
Japanese H2 scrap export offers rise $3/t w-o-w on firm bids, limited offers
Vietnamese mill books 15,000 t in Kanto tender Weak steel demand, output keep prices pressured Japanese H2 scrap export offers increased w-o-w, especially to Vietnam, driven by stronger bids and limited availability from other exporting nations. Further supporting the rise was the recent Kanto tender, which saw a Vietnamese mill booking approximately 15,000 tonnes (t)…