Tag: Bangladesh: Imported ferrous scrap prices dip w-o-w; rebar sales struggle amid weak demand

Bangladesh’s imported ferrous scrap offers remained weak with workable levels falling by $5-6/t w-o-w in the market. However, suppliers remain uninterested at current bid levels, with the main challenge being delayed clearances of previous payments and difficulties in securing new LCs, the latter particularly proving to be disadvantageous for smaller buyers. A Bangladeshi trade house…