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28 Feb
09:26

Bangladesh scrap market falls silent as prices stagnate

Bangladesh's ferrous scrap market has maintained a subdued tone this week, with a minimal shift in dynamics, notes Kallanish. Imported scrap prices have largely held steady, with Australia- and Brazil-origin HMS (80:20) scrap priced at $410-412/tonne, shredded scrap ranging between $430-433/t, and P&S scrap at around $435/t, cfr Bangladesh basis. Although some transactions were finalised, prices remained unchanged and there were no offers from the EU or U…
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