Tag: Bangladesh bulk scrap imports
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Bangladesh: Bulk ferrous scrap import rises by 25% m-o-m in Nov’20 on active restocking
Bangladesh’s bulk ferrous scrap imports moved up by 21% to 0.29 mn t in Nov’20 compared with 0.24 mn t in Oct’20. Imports witnessed a third monthly successive hike, as per vessel line up data maintained with SteelMint. Active restocking ahead winters and recovery in the domestic steel market resulted in increased imports. Out of the total of twelve bulk vessels arrived in Nov’20,…