Vietnam mills book deep sea bulk scrap cargo as prices fall

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by

in Melting Scrap

Vietnam-based mills booked US-origin bulk scrap cargo this week. Around 15,000 t of HMS 1&2 (80:20) have been booked at $475/t CFR levels.
Offers have come down by $30/t against the prices recorded on 23 May.
Dull domestic and overseas demand has slowed down imported scrap trade.

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