Bangladesh: Major steel mill books Japanese bulk scrap cargo

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15,000 t of bulk H2 grade scrap was booked by a steel mill at around $560/t CFR Chittagong, as per SteelMint sources.
The current price indication is at $555-560/t CFR Bangladesh, down $10/t on a w-o-w basis.
Prices have inched down as most of the buyers are in wait and watch mode owing to Kanto tender, which is scheduled for 9-Dec’21.

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