Tag: Vietnam: Imported ferrous scrap prices decline amid bid-offer disparity

In Vietnam, the ferrous scrap market experienced a minor price decrease, accompanied by a notable disparity between bids and offers. Importers in Vietnam were seen bidding for US-origin HMS (80:20) at $375/t CFR, marking a $5/t decline w-o-w. Despite the negative sentiment, some market participants were willing to sell. According to a Vietnamese trader, local…