In Bangladesh, the imported ferrous scrap market has slightly increased. Currently, the country holds a comparative advantage in terms of new LC openings and fulfilling regular procurement needs. Offers of US bulk HMS stand at $405-410/t, with H2 bulk from Japan at $400-404/t. HMS containers from Australia are priced at $412-415/t, with negotiations at $406-408/t. Shredded containers from the UK are offered at $422-425/t.
