Tag: BigMint scrap news
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Bangladesh: Eid holidays, monsoon demand concerns keep scrap market slow
Firm freights continue to restrict fresh bookings Weak steel demand limits aggressive procurement Bangladesh’s imported ferrous scrap market remained subdued during the week as buying activity slowed amid Eid al-Adha holidays, the approaching monsoon slowdown in demand, and weak downstream steel operations. Market participants noted that demand from Bangladesh remained limited during the holiday period,…