Bangladesh: Imported scrap prices remain range-bound in recent deals

  • Mills in Bangladesh placed bookings recently for imported shredded ferrous scrap in containers, as per reports.
  • Around 12,000-15,000 t of UK-origin shredded scrap in containers was booked at $580/t on CFR basis. SteelMint’s assessment for shredded scrap stands at $575-580/t CFR Chittagong.
  • Fresh offers for EU-origin HMS (80:20) are being quoted at $550/t CFR Chittagong.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *