The NGO Shipbreaking Platform is drawing attention to a recent spate of accidents at Bangladeshi shipbreaking yards owned by Kabir Steel Re-Rolling Mills (KSRM), part of Kabir Group. Out of.
Since the beginning of 2022, out of the eighteen accidents that shook the Bangladeshi shipbreaking industry, six have taken place at yards owned by Kabir Steel Re-Rolling Mills (KSRM), a concern of large conglomerate Kabir Group. In the last week of January, Mohammad Bakul Pramanik was fatally hit by an iron girder. In February, while .
The price of steel in Bangladesh has jumped 3.34 per cent within a span of just one week, with manufacturers citing it as a ripple effect of rising global demand for scrap and a recent hike of local fuel prices.
Construction costs burdened with cement price rise
Construction costs have been rising since March with each 50-kilogramme bag of cement now costing around Tk 50 more to sell for anywhere between Tk 450 and Tk 460. Photo: SK Enamul Haq
The price of each 50-kilogramme bag of cement has increased by around 12 per cent, or Tk 50, to Tk 450 to Tk 460 a development that will push up construction costs, be it the government s development projects or privately-owned buildings.
The price increased in mid-March as a knock-on effect from a rise in prices of clinker, the main raw material, in the international market alongside that of shipping costs.