Tag: Vietnam: Imported ferrous scrap market remains sidelines amidst the ongoing lunar holidays

The Vietnamese imported ferrous scrap market remained quiet during the Lunar holidays, with limited activity reported by Vietnamese and South Korean buyers. The depreciation of the JPY against the USD further dampened sentiment for Japanese suppliers. US-origin HMS (80:20) bulk scrap prices hovered at $406-410/t, while H2 indicatives stood at $398-402/t CFR Vietnam. Some sellers…