Tag: Bangladesh scrap import price
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No bulk scrap import deals into Bangladesh amid bid-offer disparity
Bangladesh’s bulk scrap import market remained inactive due to low buying interest, SteelMint learnt from sources. US-origin shredded scrap offers stand at $550/t CFR Chittagong. On the other hand, Bangladeshi steel mills are bidding lower by $20/t than current offers. Due to bid-offer disparity, the market remains silent at the moment.