22
Apr
16:04
Vietnamese scrap import market pauses
Scrap import prices have dipped in Vietnam, Kallanish notes. Market participants are adopting a wait-and-see approach.
Offers for Japanese H2 scrap are now $590/tonne cfr southern Vietnam, and for HMS 1&2 50:50 from Hong Kong, $580/t cfr. This is around $10/t lower than the week before.
Most Vietnamese mills are out of the market and did not place bids for imported scrap in the past week, a Vietnamese trader says. The mills are seeing weak steel dem…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous