Today’s snapshot — 2026-10-16
Top mover: Bangladesh HMS 1/2 80:20 CFR (Kallanish) rose $10 (+2.67%) to $385.00 on 15 Oct; Fastmarkets’ Bangladesh deep-sea shredded also firmed $5, though its containerised HMS eased $5, so the move is not confirmed across publishers.
Notable prices:
- Bangladesh HMS 1/2 80:20 CFR (Kallanish) = $385.00 (+10.00, +2.67%)
- Bangladesh Shredded Deep-Sea CFR (Fastmarkets) = $415.00 (+5.00, +1.22%)
- Turkey Shredded CFR (Kallanish) = $415.00 (0, flat)
- Iron Ore KORE 61% Fe CFR Qingdao = $90.61 (+0.45, +0.5%)
Headline driver: The sanitized brief centres on today’s EU consultation deadline for non-OECD metal-waste imports (BIR: Pakistan not proposed for ferrous or non-ferrous streams) and on freight revalidation; Brent rose to $109.86 in the world feed. Turkey scrap prints are unchanged for a third day, so neither shows up in the tape. Pakistan’s published CFR Port Qasim shredded price (Fastmarkets MB-STE-0887) is still the 9 Oct print of $417.31.
Action signal: No actionable signal today. Hold Turkey and Pakistan quotes; re-check when Friday’s Pakistan assessment appears.