Tag: Vietnam imported ferrous scrap market

Vietnam: Imported ferrous scrap prices stable w-o-w, finished steel sees weak monsoon sales

Jul 8, 2024

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by

Anshuman

in Melting Scrap

Vietnam’s imported ferrous scrap market witnessed a largely stable trend with minor fluctuations in offers and indicatives. For instance, H2 grade scrap was offered at $365-$370/t CFR Vietnam, while bids are still hovering at $358-360/t levels. On the other hand, H1/H2 (50:50) grade inquiries were at $358-362/t CFR Taiwan. The domestic ferrous scrap market in…