Author: Abhishek Bhalla
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Bangladesh: Rebar Offers of Medium Mills Fall over Weak Demand
The mid sized mills in Bangladesh have sharply reduced Rebar offers this week owing to dull sentiments, as reported by market participants. SteelMint learned that, local finished steel demand in Bangladesh is quite low and rising inventories have urged medium mills to reduce offers by BDT 1,000-1,500/MT (USD 12-18) as compared to last week in…