Tag: Bangladesh: Imported ferrous scrap prices rise w-o-w on tighter local scrap and firmer rebar levels

Local scrap shortage lifts sentiment despite weak steel demand Ship recycling activity improves, though margins remain pressured Imported ferrous scrap prices into Bangladesh firmed w-o-w in the week ended 4 February, supported by higher containerised cargo values amid tightening global supply. Market participants noted that sentiment turned slightly positive, as reduced local scrap availability encouraged…