ASIA STEEL SCRAP DIGEST: Bangladesh resumes US deep-sea scrap imports

Bangladesh has returned to the deep-sea import market with another deal over the past week, market sources told Fastmarkets on Thursday September 23.

Bangladeshi mill returns to buy bulk cargoes, sources sayChina's scrap import volumes dropped by over 50% in AugustTaiwanese buyers continue purchasing at higher prices after electricity rationing endsBangladesh
At least one deal for United States-origin deep-sea scrap to Bangladesh was done this week, sources told Fastmarkets.
A deal was heard done during the weekend at $520 per tonne cfr Bangladesh for HMS 1&2 (80:20) and $525 per tonne cfr for shredded scrap, sources said. A second cargo was said to have been finalized to the same mill at similar prices, but no further information was available at the time of publication.

Offers were $525-530 per tonne cfr Bangladesh for deep-sea HMS 1&2 (80:20) this week,...

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