Tag: Bangladesh Scrap Import

Bangladesh: Higher bulk scrap prices lead to 13% m-o-m fall in June imports

Jul 6, 2021

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by

Deepika Singh

in Melting Scrap

Bangladesh, a major bulk ferrous scrap buyer from South Asia, recorded imports of the material at 111,140 tonnes (t) in Jun’21 against 127,723 t seen in May’21. Imports declined by 13% m-o-m, as per vessel line-up data available with SteelMint. High prices of bulk scrap prompted buyers to prefer containerised scrap. In addition, Eid holidays…