Japan for the scrap steel export price rise in Vietnam and China Taiwan, but local steel mills are cautious.

Latest Japanese no. 1, 2 to Vietnam mixed heavy waste (50:50) export offer of $374 to $375 / ton (CFR), no. 2 heavy scrap export price estimate of $369 to $370 / ton (CFR), equivalent to 34100 yen/ton (FOB). In view of the south Korean steel mills last week offer 33000 yen/ton (FOB) purchase the Japanese 2 waste, Vietnam buyers to purchase 2 heavy waste at higher prices to be cautious.

Japan to China Taiwan 1, 2 mixed waste (50:50) export offer of $368 to $370 / ton (CFR), no. 2 heavy scrap export price estimate of $363 to $365 / ton (CFR), the local steel mill bid at $360 / ton (CFR). Compared to China's Taiwan from the United States last week container 1, 2 mixed waste (80:20) import price $354 / ton (CFR), from Japanese suppliers offer relatively high, so the local steel mill little interest in purchasing.