Tag: Dhaka rebar
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Bangladesh: High freights, wide bid-offer gaps keep scrap buyers cautious
Weak downstream demand keeps mills selective LC constraints support preference for domestic scrap Bangladesh’s imported ferrous scrap market remained firm but cautious, with rising global freight costs making mills more watchful before committing to large volumes, while limited cargo availability from Australia continued to support seller expectations. BigMint’s weekly assessments, CFR Chattogram European-origin containerised HMS…