Tag: Bangladesh Billet imports
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Bangladesh Now Prefers Indian Billet over Chinese amid Zero Import Duty under SAFTA
At present state of affairs, Bangladesh manufacturers is preferring Indian billet than Chinese material. The major cause of such shift in interest is SAFTA agreement that attracts zero duty for SAARC nations. Presently, duty on importing billet from SAARC countries is zero. Whereas, it is around USD 90/MT from other nations (including China). Currently, 150*150 mm MS billet…