Tag: Bangladesh: Imported containerised scrap offers remain stable amid limited trade
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Bangladesh: Imported containerised scrap offers remain stable amid limited trade
In Bangladesh, the imported ferrous scrap market remained largely stable w-o-w, with containerised scrap offers showing minimal fluctuations, as the international market held steady. However, buying from Malaysia has stalled due to higher freight rates, port congestion, and extended lead times. Similarly, bookings from the UK have slowed down due to concerns about lower-quality scrap.…