Tag: Bangladesh: Imported ferrous scrap offers drop by $6/t w-o-w on subdued demand

Bangladesh’s imported ferrous scrap index declined this week due to weak buying interest and ongoing political turmoil. Buyers have adopted a cautious stance, anticipating further price drops as international market offers soften. A trader said, “US bulk offers to Bangladesh have decreased as suppliers focus more on Turkiye, pushing prices down by $10-15/t compared to…