Bangladesh: Mills book two bulk scrap cargoes from USA as prices fall further

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by

in Melting Scrap

Bangladeshi mills have booked two bulk cargoes from US-based suppliers last weekend as offers fell further.
The cargoes comprised a mix of HMS 1&2 (80:20) booked at $490/t CFR and shredded scrap was sold at $495/t CFR Chittagong.
Prices corrected downwards by $10/t compared to the middle of last week.

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