{"id":72351,"date":"2026-07-16T17:46:45","date_gmt":"2026-07-16T11:46:45","guid":{"rendered":"https:\/\/biztrend24.com\/?p=72351"},"modified":"2026-07-16T17:46:45","modified_gmt":"2026-07-16T11:46:45","slug":"bangladesh-monsoon-tight-steel-margins-higher-production-costs-dampen-imported-scrap-demand","status":"publish","type":"post","link":"https:\/\/biztrend24.com\/?p=72351&lang=en","title":{"rendered":"Bangladesh: Monsoon, tight steel margins, higher production costs dampen imported scrap demand"},"content":{"rendered":"<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Weak longs demand pressures imported scrap market<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Monsoon, higher power costs keep mills on sidelines<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>Bangladesh&#8217;s imported ferrous scrap market remained under pressure during the week ended 15 July as sluggish long steel demand, monsoon-related disruptions, and rising production costs continued to dampen buying interest. Mills largely restricted purchases to immediate requirements, while widening bid-offer gaps limited fresh import bookings.<\/p>\n<p>BigMint&#8217;s weekly assessments,CFR Chattogram:<\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>European-origin containerised HMS (80:20): $363\/t, stable w-o-w<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>European-origin containerised shredded: $396\/t, stable w-o-w<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Japanese-origin bulk H2: $384\/t, up by $8\/t w-o-w<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>US-origin bulk HMS (80:20): $397\/t, up by $6\/t w-o-w<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>Market updates:<\/p>\n<p>Containerised scrap trading remained subdued throughout the week as weak finished steel demand continued to limit buying activity. Australian-origin shredded scrap offers softened to $390-395\/t CFR, while buyers remained cautious, targeting $375-380\/t CFR. South East Asia-origin PNS scrap was offered at $410-415\/t CFR, although the wide bid-offer gap kept trading activity limited.<\/p>\n<p>In the bulk segment, US-origin HMS 80:20 was offered at $398-400\/t CFR, whereas buyer interest remained below $390\/t CFR. Japanese-origin H2 scrap was heard at $385-388\/t CFR, but no transactions were reported as suppliers shifted focus towards stronger demand from Vietnam following the July Kanto Tetsugen tender.<\/p>\n<p>A Chattogram-based scrap importer said, &#8220;No confirmed bulk scrap bookings were concluded this week as the gap between buyer expectations and supplier offers remained too wide. US-origin HMS 80:20 is still being offered around $400\/t CFR Chattogram, while buyers are closer to $380\/t CFR. Similarly, PNS offers remain near $420\/t CFR against workable levels of about $400\/t CFR. Even though Turkish deep-sea scrap prices have fallen below $370\/t CFR, suppliers have yet to lower offers to Bangladesh, keeping most buyers on the sidelines.&#8221;<\/p>\n<p>Meanwhile, Oceania-origin HMS and shredded scrap were offered in the $390-405\/t CFR range, with market talk of trades around $390-395\/t CFR, although these could not be confirmed at the time of publication.<\/p>\n<p>Recent trades:<\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Malaysia-origin GI bundles: 500 t booked at $325-330\/t CFR Chattogram<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Brazil-origin HMS 80:20: 1,000 t booked at $345\/t CFR Chattogram<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>A Dhaka-based trader said, &#8220;Weak construction activity, subdued long steel demand, and financial constraints continue to suppress scrap consumption. The monsoon has further slowed construction activity, while the 17% electricity tariff hike introduced in June has significantly increased steelmaking costs, squeezing mill margins and discouraging inventory build-up.&#8221;<\/p>\n<p>A Southeast Asia-based trader said, &#8220;Weak steel demand is keeping scrap buying limited, with mills purchasing only for immediate requirements.&#8221;<\/p>\n<p>Domestic steel\u00a0fundamentals also remained soft. Local ship scrap was heard at around BDT 52,000-53,000\/t ($422-430\/t), billet at BDT 67,000-70,000\/t ($544-568\/t), and rebar at BDT 88,000-90,000\/t ($714-730\/t) in Chattogram and BDT 84,000-85,000\/t ($682-690\/t) in Dhaka. Despite relatively stable domestic prices, weak construction activity continued to limit finished steel sales and scrap demand.<\/p>\n<p>Market participants expect Bangladesh&#8217;s crude steel production to decline this year from last year&#8217;s levels, as subdued downstream construction demand continues to weigh on steel consumption and keep mill operating rates low.<\/p>\n<p>Outlook:<\/p>\n<p>Mills are expected to maintain cautious buying amid weak steel demand and monsoon disruptions. Fresh import bookings will depend on improved market fundamentals and more competitive bulk offers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Weak longs demand pressures imported scrap market Monsoon, higher power costs keep mills on sidelines&#8230;<\/p>\n","protected":false},"author":1,"featured_media":72352,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[313],"tags":[],"class_list":["post-72351","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-iron-steel"],"featured_image_urls":{"full":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-16T174558.184.jpg?v=1784202399",1280,720,false],"thumbnail":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-16T174558.184-150x150.jpg?v=1784202399",150,150,true],"medium":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-16T174558.184-300x169.jpg?v=1784202399",300,169,true],"medium_large":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-16T174558.184-768x432.jpg?v=1784202399",640,360,true],"large":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-16T174558.184-1024x576.jpg?v=1784202399",640,360,true],"1536x1536":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-16T174558.184.jpg?v=1784202399",1280,720,false],"2048x2048":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-16T174558.184.jpg?v=1784202399",1280,720,false],"covernews-slider-full":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-16T174558.184-1115x715.jpg?v=1784202399",1115,715,true],"covernews-slider-center":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-16T174558.184-800x500.jpg?v=1784202399",800,500,true],"covernews-featured":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-16T174558.184-1024x576.jpg?v=1784202399",1024,576,true],"covernews-medium":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-16T174558.184-540x340.jpg?v=1784202399",540,340,true],"covernews-medium-square":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-16T174558.184-400x250.jpg?v=1784202399",400,250,true]},"author_info":{"display_name":"Biz Trend 24","author_link":"https:\/\/biztrend24.com\/author\/online24"},"category_info":"<a href=\"https:\/\/biztrend24.com\/?cat=313&#038;lang=en\" rel=\"category\">Iron &amp; Steel<\/a>","tag_info":"Iron &amp; Steel","comment_count":0,"jetpack_featured_media_url":"https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-16T174558.184.jpg?v=1784202399","_links":{"self":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/72351","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=72351"}],"version-history":[{"count":1,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/72351\/revisions"}],"predecessor-version":[{"id":72353,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/72351\/revisions\/72353"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/media\/72352"}],"wp:attachment":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=72351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=72351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=72351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}