Bangladesh: Steel mills hike rebar prices by up to BDT 3,500/t ($41/t)

  • Domestic rebar market activity in Bangladesh rose owing to increasing demand, limited raw material and rising scrap prices.
  • As per SteelMint assessment, prices increased by BDT 2,500-3,500/t ($29-41/t) on w-o-w basis.
  • Major mills are offering rebar (10-16 mm) at BDT 84,000-87,000/t ($979-1,014/t) exy-Chittagong.

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