Tag: Bashundhara Multi Steel

Bangladesh: Imported scrap prices down $2/t w-o-w amid LC challenges, stalled govt projects

Dec 26, 2024

—

by

Adarsh Ramteke

in Melting Scrap

LC challenges and weak demand hinder scrap imports Domestic scrap shortage reorients Dhaka mills’ sourcing patterns Bangladesh’s imported scrap market remained slow this week and imported scrap prices fell by $2/t due to ongoing LC challenges and the suspension of government projects. The imported scrap market continued to grapple with challenges this week, marked by…