Intel Details

Bangladesh: Major mills engage in active bulk scrap cargo bookings

Melting Scrap
20 Nov 2021, 14:48 IST
Steel Mint Intel

  • Four-five cargoes of bulk US-origin HMS and shredded scrap were booked recently at $570/t CFR and $575/t CFR Bangladesh, respectively, for end Dec'21-early Jan'22 loading.
  • Bulk scrap bookings by Bangladesh have regained momentum following a decline in offers from the USA.
  • The country's imports of bulk ferrous scrap stood at 2.02 mn t in Jan-Oct'21, as per SteelMint's vessel line-up data.

20 Nov 2021, 14:48 IST
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