Demand for ferrous scrap imports among Vietnamese steelmakers surged in the week to Friday September 17 amid healthy order books for billet exports.
A 20,000-tonne bulk cargo of heavy melting scrap 1&2 (80:20) from the United States West Coast was sold at $505 per tonne cfr Vietnam to an induction furnace-based steelmaker on Monday, a few market sources told Fastmarkets.Several other market sources said that the cargo of HMS 1&2 (80.20) was sold at $510-515 per tonne cfr Vietnam. The actual price could not be immediately confirmed with...