SE Asia scrap prices down $15-20 as buyers await market cues

May 23, 2012 | 03:53 AM |

Ferrous scrap bookings in Southeast Asia have fallen by as much as $20 per tonne in the past week on market uncertainty. Buyers in Malaysia, Singapore and Vietnam are booking HMS 1&2 (80:20 mix) material from Europe, the USA and South Africa at $435-445 per tonne cfr this week, down from....

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