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18 Oct
15:42

Bangladesh scrap falls on recent deals, sentiment down

Amid global sluggishness coupled with falling sentiment in the domestic market ahead of elections and delayed financing, Bangladeshi imported scrap prices have dropped significantly this week, sources tell Kallanish. Following a bulk deal from Australia at $405-408/tonne cfr for HMS and $410-415/t cfr for shredded and bonus, bulk offers have plummeted further. According to sources, a bulk deal for 32,000 tonnes from the US West Coast was concluded at $395-398/t cf…
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