According to the Bangladesh Ministry of Commerce, Bangladesh more than doubled its ferrous scrap imports between 2015 and 2016. The January-September scrap import data is pointing to an annualized total in 2017 close to that imported in 2016, although, potentially a higher percentage imported via bulk. The iron and steel import category was Bangladesh’s fourth largest at $2 billion (5 percent share of all imports) in 2016.
According to US Census data, the US shipped 508,183 mt of ferrous scrap to Bangladesh during the January-September period in 2017, an amount 124.4 percent higher than in the same period in 2016 when it shipped 408,507 mt.
|
Bangladesh ferrous scrap imports (mt) |
In containers |
In bulk |
Total |
|
2015 |
625,243 |
88,862 |
714,105 |
|
2016 |
1,053,596 |
654,090 |
1,707,686 |
|
2017 (Jan-Sep) |
706,120 |
563,657 |
1,269,777 |