Tag: Bangladesh: Imported scrap prices fall by up to $5/t w-o-w; market cautious amid slow steel sales

Recovery in market activity expected after June Mills request duty-free raw material imports to boost steel exports Bangladesh’s imported scrap prices witnessed a rangebound trend this week, and workable levels dropped by $4-5/t w-o-w in containerised scrap. On the otherhand, bulk scrap inquiries remaining slow despite the slight easing seen in LC openings. Meanwhile, inquiries…