Tag: EU 2024/1157
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Bangladesh: Imported scrap prices rise on higher freight; EU rules cloud long-term outlook
Japanese-origin bulk H2 freight rises to $90-100/t for 15,000-20,000 t cargoes Weak steel demand and high landed costs keep scrap bookings selective Bangladesh’s imported ferrous scrap market remained selective during the week, with firm freight rates and higher landed costs keeping buyers cautious. Active buyers continued to book cargoes at workable levels, while suppliers negotiated…