Bangladesh: Imported scrap prices inch up further in recent deal

  • Imported scrap offers to steel mills in Bangladesh continued to move upwards after a few deals were concluded recently.
  • Shredded scrap of UK/EU-origin in containers is being offered at $585-590/t CFR Chittagong levels, up $10/t w-o-w.
  • Fresh offers for HMS of UK-origin are being quoted at $560/t CFR Chittagong.
  • 4,000 t of HMS has been booked by a steel mill at $565/t CFR, Chittagong.

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