Tag: infrastructure steel demand
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Bangladesh: Imported scrap prices inch-down w-o-w amid weak end-user demand
Scrap imports ease as local market remains steady Recyclers favour larger vessels; small LDT units largely ignored Bangladesh’s imported ferrous scrap prices inched down w-o-w, while the domestic market may see some rebound as local scrap held steady at BDT 49,000-50,000/t ($402-411/t). Billet stayed volatile at BDT 65,000-68,000/t ($534-559/t), and rebar demand in Dhaka remained…