A major Chittagong-based steelmaker booked another US-origin bulk cargo for scrap, from a West-Coast based recycler, in mid of last week, comprising of 32,000 t Shredded-211 scrap in entirety, at $280/t CFR Chittagong, for August-shipment. However, with US WC prices moving down towards the end of last-week, the fresh bulk offers to Bangladesh stand at around $275/t CFR now.
Leave a Reply