Tag: bangladesh steel market
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Bangladesh: Imported scrap prices soften w-o-w as cautious mills resist higher offers
Weak long-steel demand limits local scrap buying Wide bid-offer gaps restrict fresh transactions Bangladesh’s imported ferrous scrap prices softened during the assessment week ended 12 August 2026, as weak long-steel demand and limited construction activity kept mills focused on requirement-based procurement. Buyers continued to test cargoes from Australia, New Zealand, the Far East, and the…