Tag: Bangladesh imported ferrous scrap market
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Bangladesh: Imported containerised scrap index rise up to $4/t w-o-w; liquidity concerns in domestic market
Imported ferrous scrap offers into Bangladesh increased by $4/t w-o-w for containerised scrap, while buyers in the Dhaka region showed less interest due to liquidity concerns. Bulk offers from the US and Japan were absent, as major players adopted a wait-and-watch approach, seeking better pricing before making procurements. Today, the market remained largely closed due…