Tag: inflation impact steel market
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Bangladesh: Imported scrap prices show mixed trends; bulk offers fall by up to $4/t w-o-w
Bid-offer gaps, weak construction demand slow trade HKC issues, inflation keep ship-recycling yards idle Bangladesh’s imported scrap market showed mixed trends w-o-w, with heavy monsoon rains and weak construction demand keeping trade subdued. Chattogram-based mills stayed cautious, with limited bulk inquiries, as sentiment continued to weaken amid poor buyer interest for steel. BigMint’s weekly assessments…