Tag: Bangladesh: Higher taxes and power tariffs may significantly increase steel production costs

Electricity tariff hikes add pressure on mills Rebar prices may rise by BDT 12,000/t ($90-98/t) Bangladesh’s steel industry has raised concerns over the proposed FY2026-27 national budget, warning that higher taxes, duties, and rising utility costs could significantly increase production expenses at a time when the sector is already struggling with weak demand and underutilised…