Tag: weakening JPY

Vietnam: Imported bulk scrap offers soften w-o-w amid moderate demand

Oct 21, 2024

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by

Anshuman

in Melting Scrap

H2 scrap offers fall amid weakening JPY Moderate demand seen for imported scrap Rising finished steel prices may support mill scrap purchase Imported ferrous scrap prices from Japan fell slightly by around $2/tonne (t) in the Vietnamese market, while US scrap offers have also inched down by $2-3/t. As per market sources, H2 scrap offers…