- Major mills in Bangladesh are offering rebar (10-16 mm) at BDT 72,000-74,500/t ($842-871) exy-Chittagong, up BDT 1,500-2,000/t, w-o-w.
- Dhaka-based plants have raised offers to BDT 70,000/t ($818) on exy basis. 300 t deals concluded at these offers.
- Mills have started restocking, which will result in increase in offers on hike in production costs due to surge in scrap import prices.
Leave a Reply