Ferrous scrap offer prices into Vietnam soften
Sep 27, 2013 | 12:56 PM
| Weilyn Loo
SINGAPORE Ferrous scrap price offers into Vietnam have retreated in tandem with weaker international prices and sluggish domestic steel demand, sources told AMM sister publication Steel First this past week.
Offer prices into Vietnam for an 80-20 mix of containerized No. 1 and No. 2 heavy melting scrap HMS 1&2 (80:20) originating from the United States and Europe were put at $365 per tonne c.f.r., while similar material from South America and Africa was offered at $350 to $355 per tonne c.f.r., down about $5 to $7 per tonne from two weeks earlier, they said.....
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