Bangladesh: Bulk scrap import prices rise in recent deal from US

  • Around 32,000 t of US-origin bulk scrap cargo comprising HMS (80:20) material was booked recently for Apr’22 shipment. Buyers confirmation could not be received till the time of publishing this report.
  • The deal price was heard at $710/t CFR Chittagong. Prices rose by $110/t last week after Turkey imported scrap prices surged to all-time high amidst global trade tensions.
  • The country imported 0.23 million tonnes (mnt) of bulk scrap in Feb’22, stable m-o-m.

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