Bangladesh: Ferrous scrap imports edge up, m-o-m, to 0.64 mnt in March

  • Bangladesh’s total ferrous scrap imports stood at 0.64 mnt in Mar’22.
  • Bulk scrap imports jumped 116% m-o-m in March. The country imported 0.41 mnt against 0.22 mnt a month ago, as per data maintained with SteelMint.
  • Mills have shifted to EU and US origin cargoes over Japan amidst improved availability and cost effectiveness.

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