19
Jan
16:53
Bangladesh scrap offers increase despite dollar shortage
The dollar shortage continues to haunt scrap importers in Bangladesh. Despite that, offers for shredded and HMS – both bulk and containerised – grew marginally this week. Buyers, however, are resisting the hike and continuing to bid at the level of the previous bookings.
Last week, multiple bulk bookings for shredded were heard concluding at $455-465/tonne cfr Chattogram. According to a source, a bulk booking for 32,000 tonnes of US West Coast-origin c…
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Anonymous
Very good overview of the weekly steel market.
Anonymous