Tag: currency pressure Bangladesh steel

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)…