Tag: Bangladesh: Imported scrap prices rise by up to $6/t w-o-w; trades slow ahead of Eid holidays

LC constraints to keep domestic scrap prices firm Domestic rebar sales sluggish despite stable pricing Bangladesh’s steel industry is grappling with subdued demand during Ramadan and the sluggish pace of infrastructure projects. Mills are operating below capacity to control costs, while some are accepting lower or even negative margins to maintain cash flow and keep…