Tag: Bangladesh imported scrap offers
-

Bangladesh: Subdued demand, currency depreciation weigh down imported scrap trade
Imported scrap offers to Bangladesh remained less with limited deals being concluded, despite prices continuing to be on the lower side. Moreover, sharp currency depreciations continued to weigh down imported scrap trade activities. Taka devalues further against dollar: Imported scrap is more under pressure compared to exports, because finished steel sales are nor high. Currently,…