Tag: Bangladesh: Imported scrap prices fall w-o-w amid weak mill inquiries

Mills running at 50-60% capacity amid weak market sentiment Ship recycling slows with limited vessels, minimal port activity Bangladesh’s ferrous scrap and steel market remained under pressure last week, with domestic rebar prices falling BDT 1,000-1,500/t ($8-12/t) amid weak demand. Lack of new government projects and ongoing rainfall dampened construction activity, keeping buying sentiment subdued.…