VIETNAM STEEL SCRAP: Buyers shun imports on narrow scrap-billet spreads Spot prices in the key Vietnamese scrap import market rebounded strongly during the week to Friday February 26, even though buyers with inventories were not actively purchasing due to high prices and the narrow scrap-billet spread, according to market sources. Japanese H2 was offered at $440-445 per tonne cfr Vietnam in the early part of the week, up $20 per tonne week on week. But offers increased to $455-460 per tonne cfr Vietnam by Thursday, with bids at $440 per tonne cfr Vietnam, and to $460-465 per tonne cfr Vietnam by Friday. Buyers were not interested in purchasing H2 cargoes at these prices, preferring instead to purchase domestic scrap.