BANGLADESH STEEL SCRAP: Prices jump despite buyer reluctance to pay

February 19, 2021 / www.metalbulletin.com / Article Link

Prices for steel scrap imported to Bangladesh accelerated over the last seven days despite a hesitancy from buyers to pay higher rates, market participants told Fastmarkets on February 18.

Bangladeshi steel scrap prices have swelled in the last week in line with other major import markets such as Turkey and India, although few sales were heard at the new levels.
Shredded scrap in containers was heard sold to a major Chattogram-based steelmaker at $450-455 per tonne cfr Bangladesh over the last week, while offer prices for the grade were heard in the range of $455-470 per tonne cfr in recent days.
That put Fastmarkets' price assessment for steel scrap, shredded, containerized, import, cfr Bangladesh at $450-455 per tonne on Thursday, up $30-40 per tonne from $410-425 per tonne the week before.

HMS 1 from Australia in containers was heard sold to a small Dhaka-based mill at $435 per tonne cfr Bangladesh over...

Recent News

Immediate trigger for crash was new Fed Chairman pick

February 02, 2026 / www.canadianminingreport.com

Gold stocks slump on metal price decline

February 02, 2026 / www.canadianminingreport.com

Is the gold market starting to turn 'irrationally exuberant'?

January 26, 2026 / www.canadianminingreport.com

Gold stocks explode up as equity markets languish

January 26, 2026 / www.canadianminingreport.com

Gold stocks outpace flat large caps

January 19, 2026 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok