Tag: Vietnam: Imported bulk scrap prices rise by up to $3/t w-o-w but mills resist high offers

Japanese scrap offers firm, but bid-offer gap limits trade Domestic billets, long steel prices rise on higher scrap costs Vietnam’s imported scrap prices rose by up to $3/tonne (t) w-o-w, supported by rising offers from the suppliers. However, overall market activity remained subdued due to a slow recovery in construction, delayed government spending, and tardy…