24
May
14:06
Bangladeshi scrap remains stable amid slowed market sentiment
Bangladeshi imported scrap offers have remained stable on-week on the back of a slowing global market amid falling Chinese sentiment, and a pause in Turkish scrap bookings, sources tell Kallanish.
Letters of credit issuance is slow and thus a very limited number of bulk importers are sending their bids against offers; despite that, sellers are holding their offers.
According to sources, US-origin bulk HMS, shredded, and bonus offers are stable on-week at around $…
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Anonymous
Very good overview of the weekly steel market.
Anonymous