Tag: Weak steel demand Bangladesh
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Bangladesh’s imported scrap market witnesses range-bound price trend w-o-w
Weak steel sales to cap scrap price recovery Year-end outlook quiet with low booking interest Bangladesh’s imported scrap market remained subdued, with buying interest constrained by a wide gap between bids and offers. Australian HMS and shredded mostly hovered within the $340-365/t range, though actual transactions were scarce. Singapore-origin PNS was offered at around $380/t…