30
Mar
16:23
Bangladesh imported scrap plunges on latest deals
Owing to softening sentiment in Turkey and prevailing delayed letter-of-credit issuance, imported scrap prices in Bangladesh have plummeted in recent deal conclusions. Values are expected to fall further on the back of slowed finished steel sales in the nation amid Ramadan, sources tell Kallanish.
This week, a US-origin bulk cargo containing 32,000 tonnes of HMS, shredded and bonus is reported offered at $475/tonne, $485/t and $490/t cfr Chattogram, respectively. …
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Anonymous
Very good overview of the weekly steel market.
Anonymous