16
Feb
15:13
Bangladeshi imported scrap softens amid slowed financing
Delayed letter-of-credit (LC) issuance has reduced imported scrap intake in Bangladesh. Offers for bulk cargoes have plunged remarkably, while containerised cargo offers are still noted as stable on the back of an acute shortage of feedstock in the nation, sources inform Kallanish.
Following the two bulk deals of US- and Australia-origin for HMS that recently concluded at $461/tonne cfr Chattogram and $458/t cfr Chattogram, respectively, offers have now plunged to…
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Anonymous
Very good overview of the weekly steel market.
Anonymous