Intel Details

Vietnam: Imported Japanese H2 scrap offers soften post Kanto tender

Melting Scrap
13 May 2022, 13:38 IST
Steel Mint Intel

  • Imported scrap offers to Vietnam have fallen further after lower bids being received in the Japanese Kanto tender.
  • Japanese H2 material is being quoted at $510/t CFR levels, down by $40/t against the price recorded on Monday.
  • Dull finished steel demand from domestic and overseas buyers and subdued response in Kanto tender have pulled down scrap offers.

13 May 2022, 13:38 IST
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