BANGLADESH STEEL SCRAP: Prices rise after fresh US deep-sea cargo

Prices for bulk steel scrap imported to Bangladesh increased in the week to Thursday November 12 following a new deal for a deep-sea cargo from the United States West Coast, sources have told Fastmarkets.

Rising container freight costs, together with expectations of seasonally tighter scrap supply in the US and Europe in the coming weeks, has led to some Bangladeshi mills deciding to re-enter...

Published

Lee Allen

November 13, 2020

07:42 GMT

Singapore