08
Aug
13:06
Vietnamese scrap import market slackens
The scrap import market in Vietnam is quiet with thin trading, Kallanish notes. Buyers are bidding below offer prices, making deals hard to come by.
Japanese H2 grade scrap is offered at $380-390/tonne cfr Vietnam. Buyers are targeting to bid at $360-365/t cfr, some trading sources say. “There are some who are targeting at $360/t cfr but I don’t think that it is workable,” opines a trader in Ho Chi Minh City. He thinks bids should be at least at …
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