Tag: AKS Steel
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Bangladesh: Containerised ferrous scrap prices rise; escalating freight rates keep buyers cautious
Buyers looking to source scrap from alternative origins Major steel mills to boost rebar output in coming months In Bangladesh, prices of containerized ferrous scrap have surged in recent weeks driven by escalating freight rates from East Asian origins like Indonesia, Malaysia, Hong Kong, and Singapore. Consequently, buyers are increasingly looking at alternative sources such…