Tag: PNS SCRAP DEALS
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Bangladesh: Scrap sentiment softens further amid weak demand
High steel inventories cap near-term recovery potential Election uncertainty keeps buyers cautious and inactive Bangladesh’s imported scrap prices and sentiment remained soft during the week ending on 26 Nov, with mills weighed down by weak downstream demand and tight liquidity. Buying remained cautious, and election-related uncertainty further slowed activity, keeping most buyers on the sidelines…