scrap
Scrap & Metalics

Bangladesh: Imported scrap prices up $5/t w-o-w; major mills cut steel prices to boost demand

In Bangladesh, UK-origin shredded scrap prices rose following global cues despite sluggish demand, LC constraints, and construction delays impacting the market. European HMS (80:20) was offered, while the containerised scrap market stayed quiet as major buyers favoured smaller deals. US bulk offers remained largely unviable. Market comments BigMint’s weekly assessments Around 2,500t of HMS (80:20) […]

Imported ferrous
Scrap & Metalics

South Asia: Imported ferrous scrap market witnesses further slowdown

South Asia’s imported ferrous scrap markets remained under pressure today, reflecting sluggish demand across India, Pakistan, and Bangladesh amid weak domestic steel sales and cautious buyer sentiment. Prices dropped d-o-d across South Asia. In India, a mismatch between buyer and seller expectations, coupled with a slowdown in steel activity ahead of key festivals, kept the […]