Bangladesh: US-origin bulk scrap import offers fall

  • Major South Asian ferrous scrap consumer, Bangladesh, has witnessed a drop in its bulk scrap import prices, SteelMint gathered from sources.
  • Offers for US-origin HMS bulk scrap stand at $520/t CFR Chittagong, decreasing $10/t on the week.
  • Steel mills in the country are likely to turn active in booking bulk scrap cargoes due to prevailing shortage of containers.

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