Tag: Vietnam Imported Scrap Offers
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Vietnam: Imported scrap offers fall further, trade moderate amid weak steel sentiments
Vietnam’s imported scrap trade remained subdued for yet another month. However, prices continue to decline to over 18 month-lows. Continuous heavy rainfall in many parts of the country and sluggish finished and semi-finished steel demand kept market sentiments bearish. For instance, Vietnam’s BF-grade billet export offers stood at around $500/t FOB, a w-o-w fall of…