Bangladesh: US-origin bulk scrap import offers edge lower

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Bulk ferrous scrap import prices into Bangladesh have declined further, as per SteelMint reports.
Offers for US-origin bulk shredded scrap are at $535-540/t CFR Chittagong, lower by $15/t w-o-w.
However, not much activity was observed in the market due to subdued finished steel sentiments.
Bangladesh’s bulk scrap imports stood at 210,000 t in Nov’21 against 230,000 t in Oct.

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