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Bangladesh: Imported scrap market witnesses subdued sentiments ahead of Eid holidays

Source: BigMint May 30, 2025 10:00

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Market quiet ahead of Eid and budget. Falling rebar prices weighing on scrap demand.

Bangladesh's imported ferrous scrap market remains subdued heading into June 2025, with trading activity slowing due to multiple factors. The Eid vacation, scheduled from 5-15 June, is expected to dampen market momentum, with subdued activity likely to persist until at least 20 June. Mills are holding back major purchases

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