Bangladesh

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Amid falling Indian domestic sponge prices & decline in Bangladesh imported scrap prices, Indian sponge iron export offers have come down by USD 10-15/MT in recent deals reported, as per assessment made by SteelMint.
News ID: 4830    Publish Date : 2019/06/16

In the latest conversation with market sources based in Bangladesh , SteelMint analyzed that imported HRC offers to Bangladesh from China witnessed significant decline by USD 20-25/MT in last couple of weeks. Bangladesh market has opened this week after Eid holidays.
News ID: 4826    Publish Date : 2019/06/15

In conversation with market participants, SteelMint learned that imported scrap offers to Bangladesh have weakened on account of further softening of prices at the global level.
News ID: 4812    Publish Date : 2019/06/14

Global ferrous scrap markets witnessed downtrend on poor demand this week. Turkish steelmakers remained away from trading activities on public holidays. South Asian market showed little activity with India witnessing limited deals at lowered prices while Pakistan and Bangladesh remaining silent on Eid Holidays.
News ID: 4804    Publish Date : 2019/06/11

In conversation with market participants, SteelMint learned that imported scrap offers to Bangladesh witnessed further price hike this week, on account of last week’s strong buying activity in Turkey at further increased prices supported by the US Tariff cuts on finished steel imports from Turkey.
News ID: 4703    Publish Date : 2019/05/31

Following rally in Indian domestic sponge prices, the latest export offers being quoted high by USD 5/MT as against assessment made during last week.
News ID: 4641    Publish Date : 2019/05/26

In conversation with market participants, SteelMint learned that imported scrap offers to Bangladesh have shown a marginal upward movement this week following the recovery in global levels.
News ID: 4635    Publish Date : 2019/05/25

In conversation with industry participants, SteelMint learned that imported scrap offers to Bangladesh have further fallen this week on the account major correction in global levels along with slow sales of domestic finished steel.
News ID: 4551    Publish Date : 2019/05/16

Downtrend in imported scrap prices to Bangladesh and decline in domestic sponge prices in India have collectively lowered sponge iron export offers from India.
News ID: 4534    Publish Date : 2019/05/15

In conversation with market participants, SteelMint learned that bulk scrap import prices to Bangladesh have come down considerably in recent bookings made.
News ID: 4513    Publish Date : 2019/05/14

India, one of the world's largest ship recycler has imported about 1,740,000 LDT of ship breaking scrap in FY19, which is lowest since the year of 2014, as per data maintained by SteelMint.
News ID: 4489    Publish Date : 2019/05/10

SteelMint learned from industry participants that steel mills in South Asia, especially in Bangladesh and India, have turned active for bulk scrap cargo bookings.
News ID: 4485    Publish Date : 2019/05/10

In conversation with Bangladesh 's scrap importers & traders, SteelMint learned that steel mills observed limited trades for imported scrap on low demand in the finished steel market
News ID: 4473    Publish Date : 2019/05/09

Bangladesh based large & medium scale mills have kept their rebar offers unchanged this week and trade activities are supported up to certain level, SteelMint learned with the re-rollers in Dhaka.
News ID: 4463    Publish Date : 2019/05/09

As per the vessel line up data compiled by SteelMint, Bangladesh has observed a sharp fall in bulk imports of ferrous scrap and coal on monthly premises in Apr’19.
News ID: 4459    Publish Date : 2019/05/09

Global scrap prices showed mixed trends this week. Japanese scrap prices continued downtrend on weak demand with ongoing Golden week holidays. Indian market observed slow demand amid ongoing elections and competetive domestic price.
News ID: 4444    Publish Date : 2019/05/07

Market sources shared with SteelMint that steel importers based in Bangladesh are actively booking imported HRC from China, Japan and Korea for June shipments.
News ID: 4431    Publish Date : 2019/05/06

In conversation with Bangladesh scrap importers & traders, SteelMint learned that mills are expected to turn active for scrap bookings ahead Ramadan holidays (which starts on 4th May). Mills are expected to begin with scrap restocking activities shortly.
News ID: 4424    Publish Date : 2019/05/06

SteelMint in conversation with market sources learned that one of the major CRC and galvanized steel producer in Bangladesh has booked HRC from Japan for May shipments.
News ID: 4412    Publish Date : 2019/05/04

SteelMint learned from industry participants that containerized imported scrap trades in Bangladesh have remained average at almost flat prices for yet another week
News ID: 4390    Publish Date : 2019/05/02

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