About 30,000 mt of ex-US HMS I/II 80:20 scrap in bulk have been sold to Vietnam at $305/mt CFR this week, SteelOrbis has learned, while offers for this grade were heard mostly at $290-300/mt CFR last week.
Offer prices for ex-US HMS I/II 80:20 scrap in containers have reached $280/mt CFR Vietnam, higher than $270-275/mt CFR in Taiwan.
Some demand has been seen for small volumes of Japanese scrap in Vietnam. Japanese HMS I/II 50:50 has been traded at $288/mt CFR for bulk shipment, while Taiwanese customers have said that they are not ready to accept such prices as they purchased material of the same grade and origin at $278/mt CFR maximum last week. Ex-Japan HS scrap has been sold at $315/mt CFR Vietnam on average. Ex-Japan offers for H2 have been at $290/mt CFR, as SteelOrbis reported earlier this week.
