Bangladesh: US-origin bulk scrap import offers fall

  • Bulk ferrous scrap import prices into Bangladesh have declined of late, as per SteelMint reports.
  • Offers for US-origin HMS are at $575-585/t CFR Chittagong -lower by around $5-10/t on weekly basis. However, the market remains silent on absence of trades.
  • Market participants informed that prices are falling due to a slight reduction in freight charges.

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