Tag: banking hurdles scrap imports
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Bangladesh: Imported scrap prices witness mixed trends; monsoon weighs on fresh inquiries
Import activity stalled for weeks amid financing constraints Mills avoid bulk bookings on sluggish construction demand Bangladesh’s imported scrap prices witnessed mixed trends w-o-w. Heavy monsoon rains and sluggish construction demand kept trade subdued, with Chattogram-based mills remaining cautious and avoiding bulk purchases. BigMint’s weekly assessments European-origin HMS (80:20) prices inched down by $1/tonne (t)…