Tag: Bangladesh imported scrap market
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Bangladesh: Imported scrap market slows down amid dull domestic sentiments
Bangladesh’s imported scrap market has been volatile in the past one week. However, despite the continued sluggish domestic market sentiments, many major mills are active in booking bulk cargoes. The LC restrictions, limited credit availability with banks, unsupportive finished steel demand, and bad weather have impacted market activities severely. Meanwhile, the secondary mills have move…