Tag: Bangladesh: Bulk scrap prices rise w-o-w; buying remains cautious

Buyers continue targeting lower import price levels Higher electricity tariffs squeeze mill operating margins Bangladesh’s imported ferrous scrap market remained subdued during the week ended 22 July as weak long steel demand, monsoon-related disruptions, rising production costs, and limited government infrastructure spending continued to weigh on buying sentiment. Although a few deep-sea cargoes were booked…