Tag: Vietnam: Imported scrap prices fell slightly amid typhoon disruptions; mills cautious on weak demand

Typhoon Kalmaegi halts construction, limits scrap demand Mills favour domestic scrap as flooding disrupts logistics Vietnam’s imported ferrous scrap prices fell slightly w-o-w, as Typhoon Kalmaegi and heavy rains disrupted logistics and paused construction activity across major regions. Despite mild support from a weaker yen and Tokyo Steel’s domestic bid hike, overall demand for imported…