Tag: steel production impact on scrap exports

Weak steel demand prompts output cuts Imports from Japan nearly triple m-o-m In November 2024, bulk ferrous scrap imports to Bangladesh declined by 13% to 366,752 tonnes (t) from 419,519 t in October 2024. Notably, October saw a 31% m-o-m increase from 319,779 t in September. Meanwhile, in the first 11 months of 2024 (11MCY’24),…