On October 18, SteelOrbis reported containerized shredded scrap offers to Bangladesh from the UK and EU were reportedly at $365-375/mt CFR while containerized HMS I/II 80:20 scrap was reportedly on offer at $345-355/mt CFR.
Sources inform SteelOrbis that containerized shredded scrap offer prices have firmed up for November and December deliveries on the global trend and are now reportedly up $5/mt at $370-380/mt CFR Bangladesh. Containerized HMS I/II 80:20 scrap has also reportedly increased $5/mt from the bottom of the previous range and is on offer at $350-355/mt CFR.