Tag: Vietnam steel investments
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Vietnam: Scrap prices edge up $5/t w-o-w; weak VND, holiday lull curb activity
Restart of operations at northern mill to boost demand Government projects to support Vietnam’s scrap market Imported ferrous scrap prices in Vietnam inched up by $5/tonne (t) w-o-w, but demand stayed muted as the holiday slowdown and a weaker VND weighed on buying interest. Weekly assessments Japanese H2 scrap was at $318/t CFR, up by…