Tag: Bangladesh: Imported scrap prices remain range-bound; local rebar sales improve

Local scrap shortage pushes up domestic scrap and rebar tags Chattogram’s ship-breaking market faces low activity Bangladesh’s imported scrap price remained range-bound w-o-w as containerised scrap prices decreased slightly by $1-3/tonne (t) w-o-w. For bulk scrap, inquiries remained weak, and buyers continued to keep their quotes much below suppliers’ offers, resulting in a $1-2/t w-o-w…