Tag: Bangladesh rebar offers

Major steel mills in Bangladesh are offering rebar (10-16 mm) at BDT 73,000-75,000/t ($853-876) exy-Chittagong-largely stable on a weekly basis. Dhaka-based plants have raised offers to BDT 71,000/t ($830) on exy basis. Due to high prices of imported ferrous scrap as well as escalating power costs, production costs of mills have moved up considerably. Therefore,…