Tag: Vietnam: Imported ferrous scrap prices remain stable amid post-holiday subdued steel demand

The Vietnamese imported ferrous scrap market remained subdued after the Lunar New Year holidays, with minimal activity reported. Japanese offers also encountered sluggish demand, influenced by the fluctuating JPY against the USD. According to sources, US-origin HMS (80:20) bulk scrap prices were stable, ranging between $410-415/t, while H2 scrap indicatives hovered around $400-405/t CFR Vietnam.…