11
Oct
15:51
Bangladesh imported scrap offers plummet on deteriorating sentiment
Amid prevailing financing issues, imported scrap intake has been hit further in Bangladesh. The subdued domestic market ahead of elections has cautioned steel mills. As they do not foresee a demand uptick, the majority are curbing production, sources tell Kallanish.
According to market participants, no firm offers were made from US west coast-based suppliers. However, a few indications were noted at $405-410/tonne for HMS, $410-415/t for shredded and $415-420/t fo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous