SteelOrbis has been informed that three Japanese
scrap suppliers concluded deals in
Vietnam at the beginning of the current week.
Accordingly, a Japanese supplier concluded a deal in
Vietnam for a
scrap cargo totaling 15,000 mt, consisting of shredded
scrap and a mixture of H1 and H2 grade
scrap, at the average price level of $243/mt CFR.
The second Japanese supplier sold 4,000 mt of P&S grade
scrap to a different Vietnamese buyer at $265/mt CFR.
Additionally, the third transaction from
Japan to
Vietnam was concluded between a different buyer and seller for H2 grade
scrap as break bulk cargo at $237/mt CFR. After this deal, Japanese offers to
Vietnam for H2 grade
scrap as break bulk cargo have declined by $3/mt week on week to $237-260/mt CFR.