Japanese bulk scrap prices fall slightly in recent booking for Bangladesh

Japanese bulk scrap prices have come down marginally by $1-2/t w-o-w in the recent booking made by Bangladesh based steel mill. A steel mill has booked around 15,000-20,000t of Japanese H2 scrap at $306/t CFR Chittagong basis for Nov’20 loading, sources reported SteelMint. Bangladesh’s bulk ferrous scrap imports rebounded in Sep’20, as it imported 151,624 t as compared to just 25,525 t in Aug’20.