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Import scrap prices in key Vietnam import markets continued on an upward trend this week, in line with increases in other parts of the world.
South Korean steelmakers were able to book bulk scrap cargoes from Japan over the past week at low prices although offers for US-origin deep-sea material continued to jump, sources have told Fastmarkets.
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Three-month base metals prices on the London Metal Exchange were subdued during morning trading on Thursday July 30, with thin volumes indicating bearish sentiment, while a low dollar and continued outflows did little to stop copper futures from leading on the downside.
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