Tag: Bangladesh imported scrap offers
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Bangladesh mills lower bids for imported scrap on dull finished steel demand
Bangladesh’s imported scrap trades have slowed down this week due to low bids amid dull finished steel demand. Buyers remained cautious for booking new bulk cargoes, whereas suppliers are resisting sharp decline in offers. “USA origin shredded in bulk is being offered at $320/t while, buyers are bidding at $310/t CFR Chittagong” highlighted a scrap…