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18 Jun
13:04

Vietnam’s scrap import market moves sideways

Vietnam’s import market for scrap has been steady in recent weeks, Kallanish notes. Offers for Japanese H2 scrap are prevailing at $368/tonne cfr southern Vietnam and for Hong Kong HMS 1&2 50:50 scrap at $365/t cfr. “Offers are limited,” a southern Vietnam mill representative says. He thinks that buying interest is currently low. “The rainy season has just started,” he adds. Also, domestic scrap, now at the equivalent of ab…
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