Tag: Bangladesh rebar offers

Major steel mills in Bangladesh have raised their offers for rebar (10-16 mm) by BDT 2,000/t ($23). Current offers from plants are at BDT 75,000-77,000/t ($874-897) exy-Chittagong and BDT 74,000-75,000/t ($862-874) exy-Dhaka. Following the global trend of a spurt in imported ferrous scrap prices, steel mills are feeling the cost push, while demand is rebounding…