Bangladesh: Re-bar offers by major steel mills fall marginally

• Steel mills in Bangladesh have floated re-bar (10-16mm) offers at BDT 71,500-73,000/t ($838-856)* exy-Chittagong, down BDT 500/t, w-o-w, as per SteelMint assessment. Re-bar demand is yet to witness any major improvement, as per sources.
• Offers by Dhaka-based plants are stable at BDT 66,000-67,000/t exy. A deal was concluded from a Dhaka-based mill yesterday for 400 t of re-bar at BDT 66,800-67,000/t exy, as per sources.

*(Correction)