Tag: Bangladesh: Imported ferrous scrap market experiences slowdown offers edge down w-o-w
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Bangladesh: Imported ferrous scrap market experiences slowdown, offers edge down w-o-w
The Bangladesh imported ferrous scrap market experienced a slowdown during the week, influenced by the aftermath of recent elections, leading to a slight decrease in offers. The challenges were further compounded by a persistent dollar crisis. Shredded scrap offers from Europe were reported at $440/t CFR Chattogram, while HMS (80:20) was heard at $415-420/t CFR.…