Tag: Vietnam: Imported bulk scrap offers rise $3/t w-o-w; buyers show weak response

Vietnam’s imported ferrous scrap offers continue to rise by up to $3/t w-o-w whereas no major buyer is accepting such high prices. Vietnamese traders commented that the H2 price levels around $362-365/t are reasonable for buyers, although they are bidding for $360/t. Other market participants noted that workable levels for Japanese H1/H2 bulk scrap were…