Imported scrap prices rise in recent bulk booking for Bangladesh

A prominent Bangladesh based steel mill has booked a USA origin bulk scrap cargo for Dec’20 shipments, sources have reported to SteelMint. The cargo booked comprises of HMS scrap entirely at around $335/t CFR Chittagong level. Bulk imported scrap prices in Bangladesh have increased by $15 w-o-w on availability concerns and hike in freight rates


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