Tag: Bangladesh imported scrap prices

  • Bangladesh: Imported scrap prices edge up; trade yet to pick up

    Bangladesh: Imported scrap prices edge up; trade yet to pick up

    Imported scrap prices continue to move up on the back of active Turkish scrap procurement in recent days. However, trade has yet to pick up. Steelmakers are cautious as production activities remained dull. Increased production costs, power outages, and LC opening restrictions remained major issues for the entire steel industry. A Mediterranean region-based Turkish mill…