Tag: Bangladesh steel scrap import
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Bangladesh: Imported scrap demand slows as local prices undercut imports
Rebar price volatility keeps buyers cautious, inactive Higher freight costs, firm global prices curb demand Bangladesh’s imported scrap market remained largely inactive, as cheaper local scrap continued to limit buying interest. Meanwhile, container freight costs increased by around $200, alongside rising material prices, further impacting import viability. Amid subdued market sentiment, BigMint’s price assessments showed…