Tag: Vietnam: Imported scrap prices hold steady w-o-w despite inventory pressure

Weaker yen pushes up procurement costs of Japanese scrap Buyers stay on sidelines after Bangladesh secures Kanto tender Imported ferrous scrap prices in Vietnam showed a slight w-o-w increase, supported by favourable currency movements, as a weaker yen pushed up procurement costs for Japanese scrap. However, trading activity in Vietnam remained subdued, as the recent…