Tag: Vietnam: Imported scrap prices hold steady w-o-w amid Inventory Pressure
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Vietnam: Imported scrap prices hold steady w-o-w despite inventory pressure
Scrap demand muted on high inventory, seasonal slowdown Local scrap remains a viable alternative to imports Imported ferrous scrap prices in Vietnam remained largely stable w-o-w. Limited interest in deep-sea material due to adequate scrap inventories, low demand for big cargoes, and weather-related disruptions continued to weigh on buying activity. Meanwhile, local scrap availability remained…