Bangladesh based steel mill has booked a bulk scrap cargo from Australia recently, sources reported SteelMint. The cargo booked comprises of 27,000 t HMS (80:20) at $313-314/t CFR Chittagong for Nov’20 shipments. Bangladesh’s bulk ferrous scrap imports rebounded in Sep’20 and stood at 151,624 t as compared to just 25,525 t in Aug’20, as per vessel line up data maintained with SteelMint.
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