26
Jul
12:26
Vietnamese scrap prices slide
Recent deals for scrap in Vietnam reflect the weak state of the finished steel and scrap markets, Kallanish notes.
Japanese H2 grade scrap is prevailing at $365/tonne cfr Vietnam, compared to $405/t cfr during the week through 8 July. Some Japanese H2 scrap was booked last Friday at $360/t cfr Vietnam, importing and trading sources report. On that same day, containerised HMS 1&2 80:20 from the US was also booked at $345/t cfr Vietnam, down from $360/t cfr prev…
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Anonymous
Very good overview of the weekly steel market.
Anonymous