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13 Sep

Bangladesh scrap prices tick up despite limited transactions

Following the consecutive scrap deals made in Turkey at slightly elevated prices, Bangladeshi bulk offers have gained marginally this week. Transactions were however slow, mainly on the back of prevailing financing issues, coupled with sluggish demand amid monsoons and slowed infrastructure activity ahead of elections, sources tell Kallanish. This week, a Bangladeshi mill booked 15,000 tonnes of Japanese H2-grade scrap at JPY 51,316/tonne ($350/t) fas through Kant…
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Sayed Aameer  |  India
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