Bangladesh: Bulk scrap market remains silent in absence of trades

Bangladesh’s bulk imported scrap market has remained inactive for yet another week due to disparity in bids and offer and ongoing lockdown. Bulk Japanese H2 offers are heard at $480/t CFR Chittagong and fresh offers for bulk US HMS (80:20) has increased at around $490-495/t CFR Chittagong, however no trades have been reported recently, SteelMint understands.


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