Author: Abhishek Bhalla
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Bangladesh: Domestic Rebar Prices Decline on Weak Demand Over Upcoming Holidays
As per SteelMint assessment, local Rebar prices in Bangladesh have moved down by BDT 1,000/MT (USD 12) on weekly basis due to low demand and decline in Billet prices. Market participants reported slightly dull buying inquiries amid upcoming festival & piling up of inventories resulted re-rollers to lower offers. It is expected that prices may…