Imported HRC offers to Bangladesh continued to remain stable this week amid ongoing Ramadan festive season. Offers from major Chinese mills are around USD 590-600/MT FoB China. Thus current assessment to Bangladesh is heard around USD 645-660/MT CFR Chittagong. Offers remained unchanged against previous week
Market sources shared with SteelMint that Bangladesh steel mills have concluded few deals in small volumes at above mentioned price levels for July shipment.
Bulk steel coil imports to Bangladesh fall in May’18: According to customs data maintained with steelMint, Bangladesh imported 28,023 MT steel coil via bulk imports against 46,080 MT in previous month.
| Date | Vessel Name | Quantity | Status | Country |
| 7-May-18 | Tropical Venus | 9,518 | Berth | Malaysia |
| 3-May-18 | Thor Friend | 11,105 | Berth | N/A |
| 20-May-18 | Lizstar Glory | 7,400 | Berth | Japan |
| 28-May-18 | Del Sol | 2,013 | Anchorage | Malaysia |
| 30-May-18 | Berge Hakodate | 22,155 | Expected | Japan |
Quantity in MnT
Provisional data updated till 30 May’18
Source: SteelMint Stats, Customs
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