Tag: Bangladesh: Imported scrap buying slows amid Eid holidays; mills cautious on fresh bookings

Eid holidays and LC constraints continued restricting fresh imported scrap buying activity Stable domestic feedstock availability kept Bangladesh mills cautious on imported scrap bookings Imported ferrous scrap trading activity in Bangladesh remained subdued this week as market participants stayed cautious ahead of Eid holidays, while mills continued limiting fresh deep-sea bookings due to weak margins…