Tag: Bangladesh: Imported scrap market strengthens on global cues; mills focus on immediate needs

Chattogram mill secures Sep Kanto tender volume Weak downstream demand keeps mills selective Bangladesh’s imported ferrous scrap market strengthened during the week ended 9 September, supported by firmer global scrap prices and increased international buying activity. However, weak domestic long-steel demand, limited liquidity, and currency fluctuations kept mills cautious, with buyers favouring competitively priced cargoes…