Author: Reena
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Bangladesh: Mills lift rebar price further on high imported scrap prices
Bangladesh-based major mills have lifted domestic rebar prices further by around BDT 2,000/t ($23). Major steel mills in Bangladesh are offering rebar (10-16 mm) at BDT 75,000-77,000/t ($874-897/t) exy-Chittagong. Dhaka-based plants too have raised offers to BDT 74,000/t ($862/t) on exy basis, up by BDT 3,000/t w-o-w. Due to the cost push on high prices…