Tag: Vietnam: Imported bulk ferrous scrap prices decline up to $4/t w-o-w amid cautious outlook

Vietnam’s imported bulk ferrous scrap prices continued to decline up to $4/t w-o-w amid mixed conditions in downstream markets. Vietnamese domestic scrap prices were unchanged, as they were already lower than seaborne levels. According to Japanese traders, some Vietnamese mills have not submitted bids for three consecutive weeks. Scrap prices continue to fall, and the…