The price for cargoes of steel scrap imported to Bangladesh increased by $4 per tonne at the midpoint week on week following stronger demand for scrap in the South Asian nation, together with a revival of activity from Turkey.
Fastmarkets' price assessment for bulk cargoes of steel scrap, HMS 1&2 (80:20), deep-sea origin, import, cfr Bangladesh was $268-275 per tonne on Thursday July 9, up $3-5 per tonne week on week from $265-270 per tonne on July 2.No further bulk cargoes were purchased over the last week, but at least two mills are in the market for...