25
Oct
16:24
Bangladeshi imported scrap offers fall following recent deals
Amid prevailing sluggishness in the Bangladeshi steel market, coupled with ongoing financing delays, imported scrap offers plummeted further in the nation, sources tell Kallanish.
Following a bulk deal from Australia concluded a couple of weeks ago and the US West Coast (USWC) bulk HMS booking concluded last week at $405-408/tonne and $395-398/t cfr Chittagong, respectively, offers have plunged further this week.
According to sources, offers for USWC material wer…
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Anonymous
Very good overview of the weekly steel market.
Anonymous