- Major steel mills in Bangladesh are offering rebar (10-16 mm) at BDT 73,000-75,000/t ($853-876) exy-Chittagong-largely stable on a weekly basis.
- Dhaka-based plants have raised offers to BDT 71,000/t ($830) on exy basis.
- Due to high prices of imported ferrous scrap as well as escalating power costs, production costs of mills have moved up considerably.
- Therefore, mills have kept rebar prices firm.
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