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Tag: Vietnam ferrous scrap market overview

  • Vietnam: Ferrous scrap import prices range-bound w-o-w

    Vietnam: Ferrous scrap import prices range-bound w-o-w

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    by

    Anshuman
    in

    Ferrous scrap import prices into Vietnam remained range-bound last week. A persistent bid-offer disparity in the deep-sea market kept trading activity scarce. The bearish mood in the Vietnam’s domestic market has also made buyers wary of booking new import cargoes. Offers of US-origin bulk cargoes of HMS 1&2 (80:20) hover at $480/t, whereas Japanese H2…