16
Aug
16:20
Bangladesh scrap offers increase following global uptick
The delayed financing-troubled Bangladesh market has witnessed an increase in scrap offers following the consecutive deals made in Turkey at higher prices. As the market is going up, sellers have become more cautious about Bangladeshi mills’ capability to open letters of credit (LC) before making firm offers, sources tell Kallanish.
In the bulk scrap market, no firm offers were officially received this week. However, a few market participants expect offers t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous