Bangladeshi steelmakers have dipped into the market for small tonnages of containerized heavy melting scrap at slightly lower prices over the past week, market participants told Fastmarkets on Thursday July 29.
Overall steel scrap demand remained low, with the country still in a strict Covid-19 lockdown and facing production restrictions, but a small number of deals were heard closed with mills looking to ensure supply in the coming months."Big production cuts have taken place and due to existing labor issues mills don't...