Tag: Bangladesh: Imported ferrous scrap market awaits demand revival amid cautious mill buying

Comfortable inventories keep mills cautious about procurement Monsoon disruptions weigh on steel demand and scrap imports Bangladesh’s imported ferrous scrap market remained subdued during the week ended 29 July as weak finished steel demand, monsoon-related disruptions, and sufficient raw material inventories kept mills on the sidelines. Although buying interest showed early signs of recovery, most…