- Scrap trades in containers continue to take place on the back of supportive finished steel prices and hike in offers from suppliers.
- SteelMint’s assessment for shredded scrap stands at $585/t CFR Chittagong, up by $5/t d-o-d.
- In the recent round of deals, shredded scrap was booked at $580/t, Brazil-origin HMS 1 was traded at $550/t, South Africa HMS 90:10 at $560/t and UK-origin PNS material at $590/t in containers on CFR Bangladesh basis.
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