Tag: steel price decline

Bangladesh: Imported scrap prices drop by up to $5/t w-o-w; inquiries slow despite fall in rebar prices

Dec 11, 2024

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by

Adarsh Ramteke

in Melting Scrap

Kanto tender sees H2 scrap booked at $350-355/t CFR Rebar prices decline as mills focus on clearing inventory The Bangladeshi imported scrap market was slow this week, with minimal deals and weak buyer interest. Prices fell by up to $5/tonne (t) w-o-w, with offers for shredded from the UK/EU at $386-390/t and HMS at $366-370/t.…