Tag: Bangladesh: Ferrous scrap imports witness contrasting trends in CY’23 amid macroeconomic headwinds

Bangladesh has emerged as one of the top three importers of ferrous scrap in South Asia. Over the last three years (2021-2023), bulk scrap imports have grown from 60% to 67% of the country’s total imports. Overall bulk scrap imports in CY’23 witnessed a significant 17% drop to 3.16 million tonnes (mnt ) compared to…