Tag: Bangladesh: Imported ferrous scrap offers drop by up to $6/t w-o-w

Bulk scrap bookings continue, fulfilling larger mills’ requirements. LC issuance has slightly eased, leading to more containerised scrap bookings. In Bangladesh, the imported ferrous scrap market witnessed a moderate pace in terms of fresh bookings. Major steelmakers revised their rebar prices owing to a weak finished steel demand observed in the market. Containerised shredded scrap…