Tag: Bangladesh: Imported scrap prices fall by up to $6/t w-o-w on uncertain global cues

Japan, US, Australia buk offers continue to drop Buyers face high freights, containerised deals hit Bangladesh’s imported scrap market remained under pressure despite a mild recovery in finished steel demand post-holiday. The containerised scrap market also stayed weak as buyers remained cautious amid global uncertainties. Singapore-origin HMS 80:20 was offered at $375/t CFR, while bids…