Ferrous scrap import prices into Vietnam remained range-bound last week. A persistent bid-offer disparity in the deep-sea market kept trading activity scarce. The bearish mood in the Vietnam’s domestic market has also made buyers wary of booking new import cargoes. Offers of US-origin bulk cargoes of HMS 1&2 (80:20) hover at $480/t, whereas Japanese H2 bulk scrap offers were around $445-450/t CFR Vietnam, down $5-10/t w-o-w.
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