Bangladesh: Major mills book two bulk scrap cargoes after five months gap

—

Bangladesh-based mills have booked two bulk scrap cargoes after a prolonged gap of five months.
Major mill booked bulk cargo from US origin, comprising 32,000 t of HMS(80:20) and Shredded at $448/t and $458/t respectively.
Similarly, from Australia, the cargo comprising 30,000 t of HMS (80:20) and Shredded scrap at $445/t and $465/t respectively.
The above cargoes are booked for February shipments, SteelMint learnt from sources. Last bulk deals was recorded at $455/t for HMS from USA in Aug’22.

Comments