VIETNAM STEEL SCRAP: Interest for Japanese scrap returns amid falling prices

Falling Japanese scrap prices have led to a resurgence in interest for such cargoes, with multiple transactions heard concluded in the week ended Friday March 12.

A transaction was concluded at $440 per tonne cfr Vietnam for a bulk Japanese H2 cargo, while another transaction was heard concluded at $445 per tonne cfr northern Vietnam for the same grade of material.
Offer for bulk Japanese H2 cargoes were at $450-455 per tonne cfr Vietnam at the start of the week.
Bulk Japanese H1&H2 (50:50) cargoes were heard sold at $450-455 per tonne cfr Vietnam.
These prices are in line with Hong Kong-origin H1&H2 (50:50) materials, which were offered at $450 per tonne cfr Vietnam.

A Southeast Asia-based scrapyard was heard to have sold a bulk...

Mixed outlook for gold as it remains range bound for past three months

Gold stocks down on flat metal price

Gold stocks down on metal decline

Huge quantifiable rise in geopolitical, economic and trade risks

Platinum clearly ahead of palladium for first time in seven years