Tag: Vietnam: Imported scrap prices softens amid stagnant demand and price gap

Demand for long steels increases post-holidays H2 restocking likely next week as prices stabilise Imported ferrous scrap prices in Vietnam edged down by up to $7/tonne (t) w-o-w, amid sustained subdued spot activity accompanied by a wide bid-offer gap. Some buyers earlier turned to South American HMS 80:20 containerised scrap as it was cheaper than…