Tag: Vietnam steel procurement

Vietnam: Imported bulk scrap offers drop w-o-w amid low demand for deep-sea cargoes

Nov 18, 2024

—

by

Anshuman

in Melting Scrap

Vietnam mill wins Kanto tender, but spot liquidity low Project delays, low govt investment hit steel demand Vietnam’s imported ferrous scrap market remained subdued this week, with weak domestic demand, sluggish government investment, and project delays weighing on activity. CFR assessments Weekly assessment for deep-sea bulk US cargoes of HMS (80:20) stood at $363/tonne (t),…