China blast furnace

Vietnam imported scrap price rise in recent bookings

Vietnam based steel mills have been booked two bulk imported scrap cargoes recently. Around 20,000 t of Australian origin HMS 1&2 (80:20) has been booked at $380/t CFR basis, while another cargo for around 10,000 t of Japanese H2 has been booked at $360/t CFR Vietnam basis. Prices have moved up by $5 as against the beginning of this week.


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