Tag: taka devaluation impact
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Bangladesh: Imported scrap prices drop $5/t w-o-w; domestic rebar tags fall on weak demand
Rebar sales weak despite discounts Scrap buyers wary amid falling tags The Bangladeshi imported scrap market remained subdued this week, with limited deals and buyer interest, as offers for shredded from the UK/EU stood at $390/tonne (t) and HMS at $370/t. In Dhaka and Chattogram, rebar sales continued to be weak despite discounts. Domestic rebar…