Tag: Vietnam: Imported scrap prices drop by up to $10/t w-o-w

Turkiye prices drop amid oversupply, weak steel demand Weak Vietnam currency makes Japanese scrap expensive Vietnam’s imported scrap prices continued to decline by up to $10/t w-o-w, driven primarily by lower deep-sea prices from Turkiye and expectations of softer billet prices in the near term. Turkiye, as a key benchmark for the region, continued deep-sea…