Tag: Vietnam: Imported scrap prices slight rise by $2/t w-o-w amid flood-hit demand recovery

Demand weak amid flooding, sluggish steel activity Sentiment stays cautious, wide bid-offer gaps persist  Imported ferrous scrap prices in Vietnam recorded a slight w-o-w rise, supported by a weaker JPY and tight supply. However, overall market activity stayed subdued, as heavy rains and flooding disrupted logistics and slowed steel production across central regions. A Vietnamese…