07
Mar
13:53
Vietnamese scrap import market creeps up
Scrap import prices are rising in Vietnam, Kallanish notes. While most buyers continue to resist paying higher values, overseas suppliers are also withholding offers in the rising market.
Offers for US scrap are generally limited in the market now. “Sellers want to see how the market develops; they think the market is increasing,” a Hanoi trader says. Container HMS 1/2 80:20 was booked at $417/tonne cfr Phu My last week. “This is still …
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Anonymous
Very good overview of the weekly steel market.
Anonymous