Tag: 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…