Tag: Bangladesh: Imported scrap prices soften as mills delay bookings amid weak steel demand

Mills stay cautious, expecting further price drops  Bid-offer disparities limit fresh trading activity Bangladesh’s imported ferrous scrap prices fell w-o-w on 1 July, as mills continued to postpone fresh bookings amid weak finished steel demand and expectations of further price declines. Trading activity remained limited following the Muharram holidays, as buyers continued to adopt a…