Tag: Thailand imported scrap price
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Thailand: Imported scrap offers fall sharply by $45/t w-o-w
Imported scrap offers to Thailand dropped significantly by around $45/t w-o-w. Fresh offers for Central American-origin HMS 1&2 (70:30) are being quoted at $480/t CFR levels as against the offers quoted at $525/t CFR a week ago. Bids for the same material are lower by $10-15/t. Lower bids and dull finished steel demand are pulling…