On November 16, SteelOrbis reported ex-US containerized shredded scrap offers to Bangladesh at $340-345/mt CFR Chittagong.
Sources inform SteelOrbis that offers on containerized shredded scrap have shifted slightly upward by $5/mt and are presently at $345-350/mt CFR Chittagong. A source noted that DRI import offer prices from India at $310-315/mt CFR Benapole Port also support import scrap prices in Bangladesh.