In late June, SteelOrbis reported several ex-US bulk scrap cargoes trading to Bangladesh at $295/mt CFR for HMS I/II 80:20 scrap and $300-305/mt CFR for shredded scrap.
According to sources, a recent ex-US deal this week was finalized for bulk shredded scrap to Bangladesh at $330-332/mt CFR Chittagong. This deal represents an increase of $27-32/mt from the deals reported a month ago.