Tag: Bangladesh market outlook
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Bangladesh: Imported containerised scrap prices inch up by $4/t w-o-w; market cautious amid slow construction
Weak demand at higher levels pressures rebar prices in Bangladesh. Limited raw material availability prevents sharper scrap price declines. Bangladesh’s imported containerised scrap prices witnessed an uptick this week as the global scrap market is moving north amid a supply crunch. Workable levels for Bangladesh stood $5-6/t below the offers for containerised scrap. On the…