Bangladesh resists deep-sea scrap purchases amid high stocks

Steelmakers in Bangladesh have resisted further purchases of deep-sea ferrous scrap cargoes this week amid rising stock levels and sluggish domestic market activity, sources said on Thursday January 20.

• Bangladesh shies away from new deep-sea bookings of bulk scrap
• Containerized shredded prices rise in new Bangladesh booking
• Taiwan buys more containers of US-origin HMS 1&2 (80:20) at $450 per...


Lee Allen

Paul Lim

January 20, 2022

16:50 GMT

London, Singapore