- Major steel mills in Bangladesh have lowered offers for rebar (10-16 mm) by BDT 1,000 /t ($12/t) recently, sources informed SteelMint.
- At present, offers from mills are at BDT 76,000-78,000/t ($886-909/t) exy-Chittagong, which shows a decrease of $12/t in prices on a weekly basis.
- Mills have lowered rebar offers on lower offtake at previous offers, SteelMint notes.
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