Bangladesh: US-origin bulk scrap import offers edge lower

  • Bulk ferrous scrap import prices into Bangladesh have declined of late, as per SteelMint reports.
  • Offers for US-origin HMS are at $560-570/t CFR Chittagong, lower by around $5-10/t on a weekly basis.
  • The market remained quiet after aggressive bookings seen last week.
  • However, bulk scrap bookings are expected to remain strong due to seasonal demand from the construction industry.

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