Tag: Import duty Hike

Bangladesh based re-rollers avoid importing billet on anticipation that government may increase import duty on it by USD 25-30/MT in annual budget. Bangladesh’s government had raised import duty on MS billet by USD 20/MT (i.e. 1,500 Bangladeshi Taka) in last budget. The re-rollers here, are anticipating the same for this budget also, which is about…