Tag: monsoon steel demand
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Bangladesh: Imported scrap prices fall by up to $3/t w-o-w; weak steel demand keeps buyers cautious
Mills restock selectively amid falling global scrap prices Construction slowdown weighs on overall steel demand Imported ferrous scrap prices from the EU and UK into Bangladesh dropped by up to $3/tonne (t) w-o-w, as buyers focused on near-shore bookings amid subdued steel demand and uncertainty in the deep-sea market. As per sources, workable levels for…