16
Apr
13:31
Vietnamese scrap market steadies
Recent Vietnamese scrap bookings reflect that the market is relatively stable on-week, Kallanish understands.
A 32,000-tonne cargo of US scrap for May shipment was booked last week at $463/tonne cfr Phu My, HMS 1/2 80:20 basis. The cargo comprised 70% shredded and the remainder HMS and P&S grades. The concluded price is about the right market level, and indicates that not much changed from the previous week, a local trader says. Since the cargo conta…
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Anonymous
Very good overview of the weekly steel market.
Anonymous