Tag: Bangladesh steel industry
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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…