On August 21, SteelOrbis reported containerized shredded scrap import offer prices from the UK and EU to Bangladesh at $313-320/mt CFR and containerized HMS I/II 80:20 reportedly at $290-298/mt CFR.
Sources now inform SteelOrbis that scrap import prices continue the downward global trend. Containerized shredded scrap is trending at $303-307/mt CFR while containerized HMS I/II 80:20 is reportedly trending at $287-293/mt CFR. Shredded scrap decreased $10/mt from the bottom of the previous range and $13/mt from the top of the same range. HMS I/II 80:20 scrap decreased $3/mt from the bottom of the previous range and $5/mt from the top of the respective range.