Tag: construction demand Bangladesh
-
Bangladesh: Imported scrap prices drop by up to $7/t w-o-w
Payment hurdles, weak finished steel demand limit trade Buyers to continue preferring short-term, small-lot deals Bangladesh’s imported scrap market declined by up to $7/tonne (t) w-o-w across major grades, particularly in bulk scrap, as weak finished steel demand kept mills cautious and limited fresh bookings. Persistent hurdles in opening letters of credit (LC) and payment…