SteelMint

Author: Reena

  • Bangladesh: Rebar offers up on higher input costs; further hike likely

    Bangladesh: Rebar offers up on higher input costs; further hike likely

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    Reena
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    Bangladesh-based major steel mills have raised offers for rebar (10-16 mm) by BDT 1,500/t ($17/t) towards last weekend, sources informed SteelMint. At present, the offers from mills are at BDT 77,000-79,000/t ($900-923/t) exy-Chittagong, which is an increase of $17/t on a weekly basis. Mills have increased rebar offers following the rise in prices of imported…