Bangladesh: Major mills keep re-bar offers unchanged

  • Major steel mills in Bangladesh have kept re-bar offers unchanged at BDT 72,000-73,000/t ($845-857) exy-Chittagong.
  • However, offers by Dhaka-based mills are at BDT 66,000-67,000/t exy, down BDT 2,000/t exy on week.
  • Higher imported scrap prices are unlikely to pull down re-bar offers in the near term.

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