22
Oct
14:14
Bangladesh mills hike rebar prices on costlier feedstock
Bangladesh’s steelmakers have raised rebar offers owing to a hike in scrap prices and supply constraints. Rebar values in October are up 38% on-year, impacting the infrastructure and construction industries in the nation.
Grade-60 rebar prices in Bangladesh are hovering at around BDT 75,700/tonne ($884.56/t) ex-works, up from BDT 73,000/t in August and BDT 55,000/t a year earlier, Kallanish notes. The rise in steel prices is mainly because of the growth in i…
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Anonymous
Very good overview of the weekly steel market.
Anonymous