Tag: Vietnam: Imported ferrous scrap offers drop over $5/t w-o-w; Weak demand for finished steel products

Vietnamese scrap importers remained inactive during the previous week, opting to focus on procuring local scrap, and this trend underscored Vietnamese mills’ preference for domestic scrap over imported volumes, driven by factors such as convenience and inventory levels. BigMint’s weekly assessment for Japanese H2 scrap was reportedly in the range of $375-380/t CFR Vietnam, down…