Bangladesh: Bulk ferrous scrap import offers plunge on global drop

  • Bulk ferrous scrap import prices into Bangladesh have decreased on the back of limited buying activities due to fall in finished steel prices and drop in Turkey scrap prices.
  • Price indications for Japan-origin bulk H2 are at $630/t CFR Chittagong, a significant fall of $40/t w-o-w.
  • A few offers for shredded from US-origin are at $600/t CFR, down by around $60/t, w-o-w.

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