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06 Jul
12:22

Vietnamese scrap import market moves sideways

The Vietnamese scrap import market has moved sideways for the past 2-3 weeks, Kallanish understands. Offers and recent deals indicate little price movement. “The market is flat and boring,” a Vietnamese trader says. A southern Vietnamese mill booked Japanese H2 scrap on 30 June at $484/tonne cfr Phy My. This price was workable for another shipment on 2 July but the mill did not book more, sources close to the producer say. Offers for Japanese …
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