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News

The Daily Star
thedailystar.net > business > economy > news > steelmakers-squeezed-higher-costs-weak-demand-4263416

Steelmakers squeezed by higher costs, weak demand

1+ day, 3+ hour ago   (602+ words) Local steelmakers are facing higher production costs just as construction demand remains weak, forcing mills to offer discounts to keep sales moving. The price of 60-grade mild steel (MS) rod, widely used in construction, has risen to Tk 92,500-Tk 94,500 per…...

The Daily Star
thedailystar.net > news > bangladesh > news > shipbreaking-tragedy-ferdous-steel-repeatedly-broke-labour-law-4250421

Shipbreaking tragedy: Ferdous Steel repeatedly broke labour law

2+ week, 3+ day ago   (233+ words) Ferdous Steel Ship Recycling Industries in Chattogram has repeatedly run afoul of labour law. Department of Inspection for Factories and Establishments (DIFE) records show it filed cases against the yard in 2017, 2018 and again this year. The first two cases ended…...

The Daily Star
thedailystar.net > supplements > your-property-guru > news > strengthening-bangladeshs-infrastructure-through-steel-innovation-4216401

Strengthening Bangladesh’s infrastructure through steel innovation

1+ mon, 4+ week ago   (164+ words) The Daily Star (TDS): How would you describe your company’s core mission and its evolution over the years? TDS: As both a businessman and an engineer, what opportunities do you see in Bangladesh’s construction sector? TDS: How does Sonargaon Steels…...

The Daily Star
thedailystar.net > business > news > higher-taxes-may-raise-steel-production-costs-4201546

Higher taxes may raise steel production costs

2+ mon, 2+ week ago   (540+ words) Steel manufacturers yesterday urged the government to withdraw proposed increases in VAT and duties in the FY2026-27 national budget, warning that the measures could raise costs by up to Tk 12,000 per tonne, as most mills are operating at less than half…...

The Daily Star
thedailystar.net > business > news > steel-makers-seek-withdrawal-power-tariff-hike-4193451

Steel makers seek withdrawal of power tariff hike

2+ mon, 3+ week ago   (320+ words) Bangladesh's steel manufacturers today demanded an immediate rollback of the latest electricity tariff increase, warning it would raise mild steel (MS) rod production costs by up to Tk 3,560 per tonne and slow economic activity. The government raised electricity tariffs for…...

The Daily Star
thedailystar.net > business > global-economy > news > trump-signs-proclamation-amending-tariffs-steel-aluminum-and-copper-imports-4188651

Trump signs proclamation amending tariffs on steel, aluminum and copper imports

3+ mon, 2+ day ago   (204+ words) The Daily Star Copyright: Any unauthorized use or reproduction of The Daily Star content for commercial purposes The first reports of a political assassination: Revisiting newspaper coverage of Zia's killing A case for mainstreaming battery energy storage in Bangladesh Could…...

The Daily Star
thedailystar.net > business > global-economy > news > indian-steelmakers-grapple-resurgence-cheap-chinese-imports-4188291

Indian steelmakers grapple with resurgence of cheap Chinese imports

3+ mon, 2+ day ago   (403+ words) China’s finished steel exports to India more than doubled in April to ‌the highest in at least two years, sparking worries among the latter’s steelmakers that despite the imposition of import tariffs they will be swamped by cheaply priced products....

The Daily Star
thedailystar.net > business > news > steel-makers-urge-govt-reconsider-power-tariff-hike-4179296

Steel makers urge govt to reconsider power tariff hike

3+ mon, 2+ week ago   (278+ words) Steel manufacturers today urged the government to reconsider a proposed electricity tariff increase, saying higher energy costs could weaken an industry already hit by rising input costs, slowing demand, and a difficult business environment. At a press briefing at the…...

The Daily Star
thedailystar.net > news > world > us-israel-war-iran > news > iran-suspends-exports-steel-slabs-and-sheets-until-end-may-4161831

Iran suspends exports of steel slabs and sheets until end of May

4+ mon, 1+ week ago   (58+ words) The Daily Star Copyright: Any unauthorized use or reproduction of The Daily Star content for commercial purposes Ensure predictability, fix tax system to attract foreign investment Why the Iran-Israel-US war will not stop with ceasefires Protect your mental health while…...

The Daily Star
thedailystar.net > news > bangladesh > news > eu-india-trade-deal-bangladeshi-exporters-face-tougher-days-4093041

EU-India trade deal: Bangladeshi exporters to face tougher days

7+ mon, 5+ day ago   (856+ words) Bangladesh’s garment exporters are set to face tougher competition and growing price pressure in Europe after the European Union and India reached a sweeping free trade deal that will grant Indian clothing manufacturers duty-free access to the bloc. The agreement,…...