Tag: Vietnam: Imported ferrous scrap offers witness mix trend w-o-w; slow scrap import amid weak steel demand

Imported ferrous scrap prices displayed a mixed trend w-o-w, as fluctuations were seen in US-origin HMS (80:20) bulk scrap prices, which experienced both declines and rises. Meanwhile, Japanese H2 offers increased by $5-8/t w-o-w. This trend coincided with the stable-to-declining trend of ferrous scrap imports into Vietnam, driven by sluggish sales of finished steel products…