Tag: Bangladesh: Bulk ferrous scrap imports drop 8% m-o-m in January amid sluggish steel demand

Bangladesh, a major ferrous scrap importer in South Asia, saw a substantial 8% m-o-m decline in bulk scrap imports in January 2024, dropping to 208,518 t from 227,388 t in December, as per customs data from BigMint. This downturn followed a peak in bulk scrap imports in November 2023 and marked the second decline since…