Tag: steel demand recovery
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Bangladesh: Imported scrap prices fall by up to $6/t w-o-w on uncertain global cues
Japan, US, Australia buk offers continue to drop Buyers face high freights, containerised deals hit Bangladesh’s imported scrap market remained under pressure despite a mild recovery in finished steel demand post-holiday. The containerised scrap market also stayed weak as buyers remained cautious amid global uncertainties. Singapore-origin HMS 80:20 was offered at $375/t CFR, while bids…