Author: Reena
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Bangladesh: Steel mills slow down imported scrap bookings, adopt a wait-and-watch policy
Bangladesh steel mills have adopted a ‘wait-and-watch’ approach this week. After booking four bulk scrap cargoes last week, buyers are now waiting for prices to come down further as they are decently booked for Feb’21 shipments. Fresh deep sea bulk scrap offers from US to Bangladesh are yet to be quoted, considering most of the…