08
May
12:43
Japanese scrap values head south
Japanese scrap importers in Vietnam are taking a wait-and-see stance, Kallanish notes. Offer prices have fallen slightly but buyers are awaiting for the results of a Japanese scrap export tender on Friday before taking any action.
Offers for Japanese H2 scrap fell to $317-320/tonne cfr Vietnam on Wednesday, down around $5/t from offers on Tuesday, some traders note. Transaction for Japanese H2 concluded at $320/t cfr Vietnam during the week of 22 April…
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Anonymous
Very good overview of the weekly steel market.
Anonymous