Tag: Vietnam scrap offers
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Vietnam: Imported scrap market remains quiet, buyers wait for further discounts
Vietnam’s imported scrap market remained quiet for yet another week. Imported scrap prices declined continuously over the last four months. However, buyers believe that prices are yet to bottom out. Limited demand for finished steel from domestic and overseas buyers kept scrap bookings subdued. Indicative offers for Japanese bulk H2 scrap were at $345/t CFR…