Tag: Malaysia scrap
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Bangladesh: Imported scrap prices up $3/t w-o-w amid supply crunch
Scrap prices rise due to near-shore sourcing Lack of new govt projects dampens steel demand Bangladesh’s imported containerised scrap prices saw a slight uptick this week as the global scrap market strengthened amid a supply crunch. Due to the unfeasibility in purchasing scrap from distant origins like the UK and US, Bangladesh is sourcing higher-priced…