Ferrous scrap prices in Southeast Asia fall $5 per tonne

May 09, 2012 | 06:51 AM |

Ferrous scrap import prices into Southeast Asia have fallen by $5 per tonne in the past three weeks as buyers in the region shun high offers from suppliers. HMS 1&2 (80:20 mix) material in containers changed hands at $455-460 per tonne cfr this week in Vietnam, Malaysia, Singapore, and the Philippines, down from $455-465 per tonne cfr three weeks ago. “Prices....

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