28
Mar
13:58
Scrap prices fall further in Japan, Vietnam
Scrap import prices continue to weaken in Vietnam, Kallanish notes. Importing Vietnamese mills are facing weak demand for their finished long steel products.
Offers for Japanese H2 grade scrap are being indicated at $430/tonne cfr Vietnam, mill sources said on Tuesday. Last week, price indications were at $440/t cfr. Hong Kong HMS 1&2 50:50 scrap is currently offered at $425/t cfr, down from $430-435/t cfr. "Steel and scrap demand is not good," …
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Anonymous
Very good overview of the weekly steel market.
Anonymous