Japanese scrap prices rise in recent bookings for Vietnam

Vietnam based steel mills have been booked two Japanese scrap cargoes recently. The cargo has booked for 3,000 t of Japanese H2 scrap at $440/t CFR Vietnam, while another cargo comprises of 5,000 t at $435/t CFR Vietnam basis. Prices for Japanese H2 have moved up by $15-20 as against the beginning of this week.