Tag: #SteelPrices
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Vietnam: Imported bulk scrap prices from Japan continue to slide, US offers rise by $4/t w-o-w
Japanese H2 scrap offers for Vietnam have fallen to a two-year low. Improving weather conditions, reconstruction efforts to revitalise scrap demand. In Vietnam imported ferrous scrap prices continued their downward slide, primarily driven by competitive offers from Japan, hitting a two-year low after a w-o-w drop of $1-2/t. Weak demand and stiff competition further pressured…