Tag: Bangladesh imported scrap prices
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Bangladesh: Mills yet to resume bulk scrap bookings despite drop in offers
The imported scrap market remained quiet for yet another week in both the bulk and container markets. However, imported scrap offers fell further to a 16-month low. Indicative offers for Japanese bulk H2 material were at $420/t CFR levels. However, buyers were quiet and waiting for clearer market direction. Considering the recent bid from Hyundai…