Bangladesh: Bulk scrap offers fall marginally

  • Bangladesh’s bulk scrap import bookings remained limited this week, SteelMint sources confirmed.
  • Offers for US-origin shredded scrap stand at $545/t CFR Chittagong, lower by $5/t w-o-w.
  • Bangladesh-based steel mills need to start restocking as it is expected that the market is likely to pick up in the coming weeks.

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