16
Mar
16:14
The delayed issuance of letters of credit continues to impact scrap imports into Bangladesh. For the majority of steel mills, LC processing time is getting delayed by two to three weeks, meaning very limited deals were heard this week, Kallanish notes.
Despite these underlying issues, offers remained flat on-week; however, buyers have lowered their bids following the softening sentiment in Turkey.
Meanwhile, an offer for a US-origin bulk cargo containing 13,000 t…
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Sayed Aameer
India
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous