23
Mar
14:17
Bangladeshi scrap offers fall amid slowed steel sales
Falling finished steel prices ahead of Ramadan have made Bangladeshi scrap importers cautious, resulting in slowing bookings. This has made scrap sellers drop their offers to secure deals; however, not many bookings were made this week, sources tell Kallanish.
"Sellers are pushing for sales, but buyers are holding their purchases on the back of slowed finished product sales," informs a trading source. "Seeing the aggressiveness of sellers, it looks …
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Anonymous
Very good overview of the weekly steel market.
Anonymous