Tag: Vietnam scrap market + Ferrous scrap updates
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Vietnam: Imported ferrous scrap prices witness mixed trends; buyers’ preference more for domestic scrap
Imported ferrous scrap prices witnessed mixed trends w-o-w, as a slight rise was seen in US-origin HMS (80:20) bulk scrap prices. On the other hand, Japanese H2 offers decreased by $2/t w-o-w despite a slight uptick in domestic demand. As per market sources, offers of Japanese H2 bulk scrap were quoted at $375-377/t CFR Vietnam,…