Bangladesh: Steel mills turn active in booking containerised scrap

  • Imported scrap bookings of HMS in containers have picked up recently on price competitiveness, SteelMint understands. However, container availability and freight rates are continuing to worry steel mills.
  • In all, deals of around 19,000 t of HMS 1&2 (80:20) were recorded by SteelMint in the past week.
  • UK HMS deals were heard at around $495-505/t CFR Chittagong.

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