Tag: strong buying power

Bangladesh: Ferrous scrap imports rise over 10% y-o-y in CY’24

Jan 29, 2025

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by

Adarsh Ramteke

in Melting Scrap

Bangladesh’s ferrous scrap imports in CY’24 reached 5.18 mnt (bulk and containerised shipments ), an 11% increase from 4.68 mnt in CY’23. The US was the leading exporter to Bangladesh, followed by Japan, Oceania and other East Asia region. The increase in imports was driven by strong buying power of financially stable Chattogram mills with…