30
Apr
09:28
Scrap import market stabilises in Vietnam
The ferrous scrap import market was relatively stable in Vietnam last week, Kallanish notes.
Japanese H2 offer prices are prevailing at $465-475/tonne cfr Phu My, southern Vietnam, importing sources say. Orders last week were made at $458-465/t cfr. An import manager said on 29 April, the day before the start of Vietnam’s Labour Day holiday: “$465 should still be workable.” Bulk Hong Kong HMS 1&2 50:50 scrap was offered at $468/t cfr and…
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Anonymous
Very good overview of the weekly steel market.
Anonymous