Vietnam steel mills book US origin bulk scrap cargo at increased offers

Vietnam-based steel mills have booked deep-sea bulk scrap cargo from US-based scrap suppliers, sources have reported to SteelMint. In a confirmed deal heard, 32,000 t of HMS 1&2 (80:20) has been booked at $475/t CFR basis. The booking was made towards the closing of last week. Another deal was heard to have concluded at $478/t CFR Vietnam basis.