Bangladesh: Mill books another bulk scrap cargo from the EU

  • A leading mill in Bangladesh has booked a bulk vessel carrying 35,000 t of EU-origin HMS (80:20) for Dec’21 shipment, SteelMint learnt from sources.
  • The deal has been concluded at $560/t, CFR Chittagong. Earlier, another cargo had been booked from the EU in end-Oct at around $565-570/t CFR.
  • Due to limited bulk offers from Japan and the USA, mills are turning to EU-origin cargoes.

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