Tag: Bangladesh: Imported ferrous scrap index remains range-bound w-o-w; sluggish steel market amid civil unrest

Bangladesh’s imported ferrous scrap index witnessed a range-bound trend with a slight rise in containerised offers in shredded and HMS (80:20) from Europe due to the rising container freight rate but workable levels are still $5-8/t lower than it. According to Australian suppliers, a significant drop in inquiries and deals from India and Bangladesh due…