Tag: Bangladesh imported scrap
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Bangladesh: Rebar prices touch new highs amid rising operational costs
Bangladeshi steel mills are raising finished long steel prices. At the same time, they are trying to increase their conversion spread to meet their higher operational costs. SteelMint assessed domestic rebar prices at BDT 96,000/t ($898/t) exw-Chittagong, up by BDT 1,000/t. Following suit, mills in Dhaka increased their rebar offers by BDT 1,000-2,000/t w-o-w. Fresh…