Tag: monsoon impact steel market
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Bangladesh: Imported scrap prices drop by up to $5/t w-o-w amid bearish response from mills
Dhaka mills may face closures due to financial stress Ship recycling slows; only 9 HKC yards operational Bangladesh’s imported ferrous scrap market witnessed sluggish trading activity due to the Eid holidays, which are expected to dampen deal momentum until at least next week. Consequently, imported scrap prices dropped by up to $5/tonne (t) w-o-w, as…