Bangladesh: Imported scrap market remains stagnant

  • Bangladesh’s containerised and bulk scrap market remained silent this week due to the delay in infrastructure projects and heavy rains, as per sources.
  • Meanwhile, supply improved w-o-w in the domestic market. Nevertheless, trade remained limited.
  • UK-origin shredded prices were heard at $470-475/t CFR, down significantly by $5-10/t w-o-w. Whereas, indicative offers for Japan-origin bulk H2 stood at $440/t, CFR Bangladesh.

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