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SEA: imported scrap offers up USD10 at most; trades slow

Imported scrap trades to Vietnam have slowed down this week on sharp increase in Japanese bulk scrap offers from most of the suppliers’ end. Offers from the USA too witnessed an upward movement this week, with the rise in global prices on Turkish uptrend last week.
Offers for Japanese H2 scrap in Bulk shipments have sharply increased this week and currently stand in the range of USD 281-281/MT CFR Vietnam, up by USD 7-10/MT against last week’s report. Bids by most buyers for Japanese H2 scrap is being reported at around USD 277-278/MT CFR, however, with suppliers remaining firm in

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