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23 Feb
16:21

Bangladeshi imported scrap surges following bookings in Turkey

Following the resumption of scrap bookings in Turkey, sellers hiked their offers in Bangladesh. The delayed financing and shortage of scrap are further supporting the price hike sentiments in the nation, sources tell Kallanish. After a brief fall in bulk cargo offers last week, sellers withdrew their quotes this week. A few buyers say sellers are indicating above $470/tonne cfr Chattogram for HMS and $480/t and $485/t for shredded and bonus, respectively. No booki…
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