16
Feb
14:37
Vietnamese scrap market takes breather
The scrap market has been quiet in Vietnam because of the Lunar New Year, Kallanish notes.
Japanese H2 scrap offers are prevailing at up to $400/tonne cfr Vietnam after the market reopened on Thursday. There has not been much activity because buyers have just returned from their holiday, an importer says.
A price gap of $10/t between buyers and sellers has prevented recent deals from taking place. “Buyers' target price is $390 but sellers have no intere…
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Anonymous
Very good overview of the weekly steel market.
Anonymous