Bangladesh: Re-bar offers by major mills remain steady

  • Steel mills in Bangladesh are offering rebar (10-16mm) at BDT 71,000 73,000/t ($829-$853) exy-Chittagong, as per SteelMint reports.
  • On the other hand, offers by Dhaka-based plants are at BDT 66,000-68,000/t ($771-794) on exy-Dhaka basis.
  • Inclement weather conditions in Bangladesh have kept demand subdued. Rebar demand is expected to improve in the coming months, especially after the monsoon season.

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