Tag: Vietnam bulk offers
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Vietnam: Imported scrap offers fall to 4-month low, amid subdued finish steel demand
Vietnam’s imported scrap offers fell to their four-month lows. However, buyers and steelmakers are yet to get workable price levels. High finished steel inventories, however, pushed buyers to the sidelines. Most of the mills have either cut down or suspended their rebar production for the time being. Participants are keenly watching market movement as demand…