Tag: Vietnam: Imported bulk scrap offers drop by up to 3/t w-o-w; buyers inactive due to weak domestic steel market

Weak demand persists; market remains in wait-and-see mode Japanese H2 offers firm, but buyers hesitant due to freight In Vietnam, imported scrap demand did not improve last week, while local producers expected reduced offers for long products amid poor construction activity. “Vietnamese producers have huge stocks of longs due to weak sales. So, they are…