Live Breaking News & Updates on பங்களாதேஷ் எஃகு உற்பத்தியாளர்கள் சங்கம்

Stay updated with breaking news from பங்களாதேஷ் எஃகு உற்பத்தியாளர்கள் சங்கம். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Steel prices unlikely to cool off despite source tax cut


Steel prices unlikely to cool off despite source tax cut
The cut in source tax in the proposed budget may not bring down the price of steel, meaning the cost of infrastructure and construction projects is unlikely to decline, manufacturers say.
In the budget for the next fiscal year, Finance Minister AHM Mustafa Kamal has proposed to reduce the tax deducted at source on the supply of iron and iron products from 3 per cent to 2 per cent.
Steel prices jumped 34 per cent in the last year as millers were compelled to hike the rates in the wake of spiralling scrap prices in the global market, making the construction of public projects and home building costlier. ....

United Kingdom , Mustafa Kamal , Tapan Sengupta , Mohammed Mohsin , Bangladesh Steel Manufacturers Association , Trading Corporation Of Bangladesh , Finance Minister , Trading Corporation , Metrocem Steel , ஒன்றுபட்டது கிஂக்டம் , மஸ்டேஃபா கமல் , தபன் செங்குப்தா , முகமது மொஹசின் , பங்களாதேஷ் எஃகு உற்பத்தியாளர்கள் சங்கம் , வர்த்தக நிறுவனம் ஆஃப் பங்களாதேஷ் , நிதி அமைச்சர் , வர்த்தக நிறுவனம் ,

Steel sector still in a shakeout | The Daily Star


Steel sector still in a shakeout
Consumption nosedives amid pandemic; situation will improve
hand in hand with economy, industry insiders say
Steel manufacturers registered around 40 per cent less turnover last year compared to 2019 as they were forced to sell finished products at lower prices in the face of low consumption, according to industry insiders.
The millers even had to offer additional commission for the dealers in order to make sure that they had enough liquidity to survive the ongoing coronavirus pandemic.
During the pre-pandemic period, the production cost of 60 grade MS rod stood at about Tk 58,000 per tonne.
But in the April-June quarter, the millers had to sell it at Tk 50,000 to Tk 52,000 per tonne due to low demand, which prevailed until September-October, said Md Shahidullah, secretary general of Bangladesh Steel Manufacturers Association. ....

Shahid Ullah , Tapan Sengupta , Manwar Hossain , Shahriar Jahan Rahat , Khorshed Alam , Bangladesh Steel Manufacturers Association , Bangladesh Association Of Construction Industry , Bangladesh Steel Mills Owners Association , Bangladesh Steel Manufacturers , Bangladesh Association , Construction Industry , Jahan Rahat , Abul Khair Steel , Bangladesh Steel Re Rolling Mills , ஷாஹித் உல்லா , தபன் செங்குப்தா , மன்வார் ஹொசைன் , ஷாஹ்ரியார் ஜஹான் ரத் , பங்களாதேஷ் எஃகு உற்பத்தியாளர்கள் சங்கம் , பங்களாதேஷ் சங்கம் ஆஃப் கட்டுமானம் தொழில் , பங்களாதேஷ் எஃகு ஆலைகள் ஓநர்ஸ் சங்கம் , பங்களாதேஷ் எஃகு உற்பத்தியாளர்கள் , பங்களாதேஷ் சங்கம் , கட்டுமானம் தொழில் , ஜஹான் ரத் , பங்களாதேஷ் எஃகு ரே உருட்டுதல் ஆலைகள் ,

Construction set to be costlier as rod prices soar


Construction set to be costlier as rod prices soar
Steel prices jumped 17 per cent in the last one month as millers hiked the rates in the wake of spiralling scrap prices in the international market, which will make the implementation of public construction projects and home building costlier.
The retail price of 60-grade MS (mild-steel) rod rose to Tk 64,000 per tonne, up from Tk 54,000 a month ago and Tk 61,500 during the corresponding period last year, data from state-run Trading Corporation of Bangladesh showed.
The price of steel scrap increased by $100 per tonne in international markets recently, said Manwar Hossain, president of the Bangladesh Steel Mill Owners Association. ....

Shahid Ullah , United Kingdom , Tapan Sengupta , Manwar Hossain , Mir Nasir Hossain , Kamal Mahmud , Bangladesh Steel Manufacturers Association , Bangladesh Steel Mill Owners Association , Real Estate Housing Association Of Bangladesh , Trading Corporation Of Bangladesh , Federation Of Bangladesh Chambers Commerce , Trading Corporation , Bangladesh Steel Mill Owners , Nasir Hossain , Bangladesh Chambers , Metrocem Steel , Abul Khair Steel , Real Estate , Housing Association , Skiros Builders , ஷாஹித் உல்லா , ஒன்றுபட்டது கிஂக்டம் , தபன் செங்குப்தா , மன்வார் ஹொசைன் , மீர் நசீர் ஹொசைன் , கமல் மஹ்மூத் ,