Steel market

Steel in Bangladesh

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Bangladesh’s rebar industry is centred on Chattogram, where shipbreaking yards supply much of its scrap.

The steel market in Bangladesh

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4news articles in 2026

Crude steel production

4.5 Mt in 2025 (estimated by worldsteel) (4.5 Mt in 2024)

Source: worldsteel, World Steel in Figures 2026. More figures on Steel statistics.

Steel news from Bangladesh

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Steel producers face higher costs amid weak demand - report 7 Sep 2026 Bangladesh's steelmakers are facing higher production costs amid weak construction demand, with mills offering discounts to maintain sales, according to local media reports. The price of 60-grade rebar has risen to BDT 92,500-94,500 (USD…
BSRM plans country's first integrated flat steel plant 17 Jul 2026 Bangladesh's largest steelmaker BSRM plans to invest around BDT 100 bln (USD 810 mln) to build the country's first integrated hot-rolled flat steel plant at the Mirsarai Economic Zone, according to local media reports. The proposed…
Steelmakers urge government to withdraw proposed tax increases 22 Jun 2026 Bangladesh's steel industry has called on the government to withdraw proposed increases in VAT and import duties included in the 2026-27 national budget, warning that the measures could significantly raise production costs at a time when…
Abul Khair Steel selects Danieli to modernize Chittagong rebar mill 9 Feb 2026 Bangladesh-based Abul Khair Steel Ltd. has contracted Danieli to modernize its rebar rolling mill in Chittagong, with the aim of expanding its product range and enhancing flexibility to serve customers as a single-point supplier. The…
Abul Khair Steel starts production at high-speed rebar mill in Chattogram 24 Oct 2025 Abul Khair Steel Limited (BWRM), part of the Abul Khair Group, has commenced production at its new high-capacity rolling mill in Sitakunda, Chattogram. Built by SMS group, the mill is designed to produce 1.6 mln tons of deformed bars…
Steel industry struggles with reduced demand as production hits 3-year low 13 Jul 2023 Bangladesh's production of crude steel has experienced a significant decline, reaching a three-year low of 5.2 mln tons. This situation is indicative of reduced demand for primary construction materials due to decreased economic…

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Steel in Bangladesh

The steel market in Bangladesh

On MESteel

Crude steel production

Steel news from Bangladesh

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