Tag: Bangladesh: Imported scrap prices gain w-o-w despite restrained mill buying and sluggish downstream demand

Weak steel demand and lower mill utilisation curb fresh scrap procurement Shipbreaking activity improves, but international scrap buying remains measured Bangladesh’s ferrous scrap market remained subdued during the week ended 18 August, with weak steel demand, slow construction activity, and monsoon-related disruptions keeping mill procurement cautious. While Chattogram’s shipbreaking market saw stronger interest in specialised…