SEA: imported scrap offers stable in recent trades
Nov 21, 2019 10:00
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Imported scrap trades to South East Asia moved up last week, with several bookings in Bulk and as well containers being reported even as prices slightly inched up further, amid relative stability observed in the global scrap market recently.
offers for Japanese H2 scrap in Bulk were observed to inch up, standing at USD
268/MT CFR South Vietnam and USD 271/MT CFR North Vietnam, while Shindachi
offers stand at USD 300/MT CFR. Few mills in the southern region have kept
their bids for Japanese H2 in Bulk at USD 265/MT CFR.