Bangladesh: Major steel mills hike re-bar offers by up to BDT 1,500/t ($17/t)

  • Bangladesh-based steel mills have lifted re-bar offers by BDT 1,000-1,500/t ($12-17/t) on cost push and rising end-user demand.
  • Major mills in Bangladesh are offering rebar (10-16 mm) at BDT 80,000-82,000/t ($931-955/t) exy-Chittagong.
  • Dhaka-based plants have also raised offers to BDT 75,000-76,000/t ($873-885/t) on exy-basis.

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