Tag: Vietnamese mills
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Vietnam: Bulk ferrous scrap prices fall w-o-w amid cheaper domestic alternatives
Vietnamese mills reduce bids for scrap amid weak demand Vietnam-India ties strengthen with AIFTA, opening new opportunities Vietnam’s imported ferrous scrap market faced continued pressure as weak steel sales, production cuts, and low downstream demand weighed on buying sentiment. Mills remained hesitant to accept higher import prices due to the availability of cheaper local scrap,…