Bangladeshi scrap importers anticipate a slight correction in offers amid improved market sentiments and ample scrap supply, with multiple bulk deals heard this week.
- A US recycler sold two bulk cargoes (30,000 t) of HMS and shredded scrap to a Bangladeshi mill.
- Additionally, a Bangladeshi mill booked bulk HMS (80:20) and PNS scrap from Australia at approximately $414/t and $424/t CFR, respectively.