The price of steel rods, a key construction material, has dropped to a four-year low due to a sharp decline in demand, according to manufacturers and traders. Currently, 75-grade mild steel (MS) rods are priced at Tk80,000-82,000 per tonne, down from Tk95,000 in July. This marks a drop of up to Tk15,000 per tonne in just four months. Before the Covid-19 pandemic, …
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→ WhatsApp: +86 18221755073The price of mild steel (MS) rod has crossed Tk 1 lakh per tonne in Bangladesh as the production costs have surged due to the hike in fuel and energy prices and the higher US dollar rate, industry ...
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→ WhatsApp: +86 18221755073The prices of mild steel rods have surged by around Tk4,000 per tonne within just two weeks, which manufacturers attribute to increased fuel cost amid a gas supply shortage, rising booking rates of raw materials in the international market, and a decline in raw material imports due to the ongoing dollar crisis. As per information from the steel mills, mild steel rods …
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