Tag: Bangladesh: Imported ferrous scrap prices down by up to $5/t w-o-w; bid-offer disparity slows bookings

In Bangladesh, imported bulk ferrous scrap prices witnessed a drop by up to $5/tonne (t) w-o-w. Containerised offers down by up to $2/t w-o-w, as the international market showed bearish sentiments with a bid-offer gap of around $10/t. As per a major mill source, “No prominent bookings have been made by us recently. However, offers…