Vietnamese steel mills booked Japanese scrap during the week to Friday September 25 as a result of sellers cutting their offer prices in an attempt to offload material before China's "Golden Week" holiday on October 1-8.
Offers for bulk Japanese H2 cargoes fell consistently throughout the week, from $303-305 per tonne cfr Vietnam at the mid-week point to $295-297 cfr Vietnam by Friday."There is still limited demand from buyers, who are still wary of price...