Author: Reena

  • Bangladesh: Subdued finished steel demand, power cuts push buyers to sidelines

    Bangladesh: Subdued finished steel demand, power cuts push buyers to sidelines

    Bangladesh’s imported scrap market remained mostly quiet in the absence of buyers. Meanwhile, the continued downtrend in imported scrap prices slowed down market activities. Additionally, industry participants anticipate that, in the absence of Turkish buyers, prices are likely to fall further. The country’s containerized imported scrap buyers extended silence towards their fresh bookings. Volatile currency…