01
Nov
13:36
Vietnamese scrap imports slide on demand woes
Reduced production capacities in the Vietnamese steel industry have stifled demand for scrap imports, Kallanish notes. Many traders are less active in the market because demand is extremely weak.
Vietnam's imports of ferrous scrap fell by 10% year-on-year to 2.97 million tonnes during the first eight months of the year. The three largest suppliers, Japan, US and Hong Kong, saw their scrap exports fall during the period (see table).&nb…
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Anonymous
Very good overview of the weekly steel market.
Anonymous