Tag: Vietnam: Imported bulk scrap prices drop by over $5/t w-o-w; domestic scrap maintains stability

Imported ferrous scrap prices witnessed a downtrend w-o-w, as a drop was seen in US-origin HMS (80:20) bulk scrap prices along with, Japanese H2 offers that decreased by $5/t w-o-w. The subdued sales of finished steel contributed to the overall dampening of sentiments in the imported scrap market. BigMint’s weekly assessment for Japanese H2 scrap…