Tag: Bangladesh: Imported ferrous scrap index falls by up to $10/t w-o-w

The imported ferrous scrap index for Bangladesh continued to fall w-o-w, primarily driven by dull interest in bulk scrap offers. H2 scrap prices dropped by up to $10/tonne (t) w-o-w and US-origin HMS (80:20) bulk scrap by $8-10/t w-o-w. Limited construction activities have reduced scrap consumption by mills, particularly among rebar sellers and other steel…