13
Oct
09:02
Japanese scrap suppliers fail to lift Vietnamese market
Japanese scrap suppliers hiked offers in Vietnam just after a Japanese scrap tender settled at above prevailing market levels, Kallanish notes. However, they were unsuccessful and lowered prices the day after.
In the latest Kanto Tetsugen monthly export tender which opened on 12 October, Newscon was awarded 5,000 tonnes of H2 scrap at JPY 50,120/tonne ($341/t) fas and Daisen Sangyo Corp also secured 5,000t at JPY 49,610/t. The average tendered …
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Anonymous
Very good overview of the weekly steel market.
Anonymous