05
Jun
08:02
Bangladesh scrap market stable pre-budget, foresees price rise
Demand for imported scrap in the Bangladeshi market remains subdued, with buyers awaiting the budget announcement on 7 June. Additionally, they have already restocked during the last two weeks of May, notes Kallanish.
Prices for Brazil- and Australia-origin HMS (80:20) scrap have remained stable at $405-410/tonne cfr for the past three weeks. Shredded scrap values range from $433-435/t, while PNS scrap is priced at $430-435/t cfr.
In the Bangladeshi market, price…
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Anonymous
Very good overview of the weekly steel market.
Anonymous