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