Tag: Tet holidays

Vietnam: Bulk scrap import prices witness modest rise; activities slow ahead of Tet holidays

Jan 27, 2025

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by

Adarsh Ramteke

in Melting Scrap

Bid-offer gap seen ahead of Tet holidays Few mills acquire cargoes, but not in hurry The Vietnamese imported scrap market saw a $5/tonne (t) increase last week despite the fact that Vietnamese buyers are mostly absent from the market ahead of the Tet holidays. Japanese bulk H2 scrap was offered at $315-320/t CFR Vietnam. Weak…