On December 21, SteelOrbis reported ex-UK containerized shredded scrap offers at $370-375/mt CFR Chittagong with shredded containerized scrap offers from other regions at $365/mt CFR Bangladesh.
According to market sources, containerized shredded scrap offers have ticked up as the year-end approaches and are presently at $380-390/mt CFR Bangladesh from various regions including the UK and US markets. Compared to the cumulative $365-375/mt CFR range, containerized shredded scrap offers have increased $15/mt over the past week.
Additionally, scrap offers for containerized HMS I/II 80:20 scrap from various regional sources are reportedly at $365-370/mt CFR Bangladesh.