Tag: LC issues Bangladesh steel
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Bangladesh: Imported scrap prices fall by $10/t w-o-w; slow steel demand dampens buying interest
Bid-offer disparities persist, buyers cautious Delayed infra projects keep sentiments low The Bangladeshi imported scrap market has been slow over the past week, with few deals taking place. Imported scrap prices fell by $10/tonne (t) amid LC issues, a weakening currency, and high freight costs, which have made it challenging for buyers who are holding…