Tag: scrap buying trends

Construction slowdown weighs on steel demand Mills prioritise quality over quantity in purchases Bangladesh’s imported scrap prices remained range-bound w-o-w, with mills showing caution in fresh bookings amid a monsoon-led construction slowdown. Australian scrap offers to Chattogram for HMS (80:20) were quoted at around $340-345/t CFR, with HMS 1 fetching $355-360/t. Shredded was in the…