Tag: Bangladesh: Imported scrap prices witness mixed trend; domestic steel demand sluggish
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Bangladesh: Imported scrap prices witness mixed trend; domestic steel demand sluggish
In Bangladesh, the imported ferrous scrap market continued in a slower pace with a mixed price trends observed amid limited bookings. Containerised shredded scrap from the UK and European sources dropped $3-4/t w-o-w, while HMS (80:20) offers remained largely stable at $414-415/t CFR Chattogram. Several containerised deals, totalling approximately 6,000-6,500 t, were closed in the…