Tag: Bangladesh imported scrap market

Bangladesh-based mills lifted rebar offers further by around BDT 2,000/t ($20/t) w-o-w on improved restocking by distributors in anticipation of a further hike in the near term on power outages. SteelMint’s assessment for domestic rebar prices stood at BDT 90,000-92,000/t ($947-967/t) exw-Chittagong levels, up BDT 1,500/t ($16) w-o-w. Secondary mills in the Dhaka region are…