US origin bulk shredded scrap offers to Bangladesh have moved up around $10-15/t and currently stands at $325-330/t CFR basis. Two bulk cargoes of busheling from Japan consisting of 15,000 t and 20,000 t were reportedly booked by a mill at around $330-333/t CFR level, while offers for busheling stands at $335/t. Supply tightness and hike in Turkey imported scrap prices have resulted in hike in offers.
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