Tag: Bangladesh bulk scrap imports

Bangladesh, a major bulk ferrous scrap buyer, saw a drop of 42% m-o-m in its scrap import volumes in July 2022. The country imported 0.19 million tonnes (mnt) of bulk scrap last month compared to 0.33 mnt in June 2022, as per SteelMint’s vessel line-up data. The sharp currency depreciation, bid-offer disparity, and weak steel…