Tag: Vietnam: Scrap prices hold firm w-o-w despite cautious mill buying

Vietnamese mills held ample scrap inventories Kanto H2 tender met market expectations Vietnam’s scrap market stayed largely unchanged on 15 December, as mills stayed cautious amid comfortable inventories. Weekly assessments Japanese H2 scrap was at $324/t CFR, up by $2/t w-o-w. US-origin HMS 80:20 bulk stood at $344/t CFR Vietnam, up by $2/t w-o-w. Market…