Tag: Vietnam steel outlook
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Vietnam: Imported scrap prices remain range-bound; steel mills cautious amid rising scrap offers
Sellers remain firm, bid-offer gap widens Demand muted amid soft steel prices Imported ferrous scrap prices in Vietnam edged up slightly by $2/tonne (t) w-o-w supported by improved sentiment following easing trade tensions between the US and China. Sellers remained optimistic, although cautious buyers kept their bids lower amid weak finished steel market trends. Weekly…