Tag: Ferrous scrap market forecast + ferrous scrap + 4th international trade summit Dhaka Bangladesh
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Bangladesh: Imported ferrous scrap offers drop by up to $6/t w-o-w; improved LC keeps buyer active
Bulk scrap bookings continue, fulfilling larger mills’ requirements. LC issuance has slightly eased, leading to more containerised scrap bookings. In Bangladesh, the imported ferrous scrap market witnessed a moderate pace in terms of fresh bookings. Major steelmakers revised their rebar prices owing to a weak finished steel demand observed in the market. Containerised shredded scrap…