Tag: Bangladesh: Imported ferrous scrap prices drop by up to $14/t w-o-w

In Bangladesh, the imported ferrous scrap market witnessed a relatively active week in terms of activities amid a continued downward trend in prices. Containerised shredded scrap from the UK and Europe dropped $10-14/t w-o-w, while HMS (80:20) offers also dropped to $395-400/t CFR Chattogram. Approximately 4,500-5,000 t of containerised deals were closed in the last…