Bangladesh scrap prices hit by high stocks

摘要

Prices for ferrous scrap imports into Bangladesh declined over the past week with buying activity held back by high material stocks and the start of the Islamic celebration of Ramadan, sources told Fastmarkets on Thursday April 30. Prices in the Bangladesh market had been strong since the start of April, with higher offer prices from the United States’ West Coast due to the low supply of material, together with a jump in import scrap prices in the important Turkish market.