Tag: Bangladesh: Imported ferrous scrap offers fall by up to $5/t w-o-w; Eid holidays keep market sluggish

Bangladesh: Imported ferrous scrap offers fall by up to $5/t w-o-w; Eid holidays keep market sluggish

Jun 19, 2024

—

by

Anshuman

in Melting Scrap

Imported ferrous scrap (shredded, HMS 80:20) offers from the UK to Bangladesh decreased by $3/t w-o-w. Bulk scrap offers from Japan (H2) and the US (HMS 80:20) fell up to $5/t. Market activities remained subdued amid the Eid-Al-Adha holidays resulting in limited inquiries from steelmakers. Rebar: BDT 88,500-89,000/t exw-Dhaka and BDT 95,000-95,300/t exw-Chattogram Shipbreaking scrap:…