Tag: Bangladeshimported scrap market
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Bangladesh: Mills lower rebar offers in off-season, imported scrap offers rebound
With limited end-user buying interest amid slow construction activities, and heavy rainfall in many parts of Bangladesh, the domestic rebar market has seen a price correction. Mills have been seen offering discounts to push up sales. SteelMint’s assessed prices decreased by BDT 1,500/t w-o-w to BDT 82,500/t exw-Chittagong ($884/t), including VAT. Bulk scrap offers rebound,…