Rod Price In Bangladesh 2024-Latest Update

Rod Price In Bangladesh

 

The prices of construction materials like rods, cement, bricks, and tiles in Bangladesh fluctuate everyday. For this reason accurate information about Rod Price In Bangladesh November 2024 is crucial. Because construction project costs and planning depend significantly on these prices. Currently, the fluctuating prices of various rod brands in the market are causing confusion among buyers. In this post, we will analyze the rod prices of different brands in November 2024 in detail so that you can make informed decisions when purchasing rods at the best prices

 

Steel Bar Price per Ton on January 2, 2025

Steel Bar Prices 2025: Brands and Prices
Steel Bar Brand Price per Ton (BDT)
JSRM STEEL81,000
KSRM STEEL83,000
ROHIM STEEL82,500
AKS STEEL84,500
SS STEEL80,000
BSRRM STEEL86,500
GPH ISPAT85,000
BSI STEEL80,000
CSRM STEEL83,000
SUMA STEEL81,000
KSML STEEL81,500
MSW STEEL81,000
JSRM STEEL80,500
HRRM STEEL81,000
ANWAR ISPAT83,000
GOLDEN STEEL81,500
PHP STEEL83,000
RICL STEEL81,000
PSRM STEEL79,000
DHAKA STEEL81,000
SCRM STEEL81,500
BAIZID STEEL81,500
VSL STEEL81,000

Rod Price In Bangladesh December 2024 (wholesale Price)

This price list updated in 4 December 2024 and the price shown here is retail & wholesale mix price 

  • AKIJ ISPAT PRICE – 90000 TK (PER TON)
  • AKS STEEL PRICE – 85500 TK (PER TON)
  • ANWAR STEEL PRICE – 85000 TK (PER TON)
  • ASBRM STEEL PRICE – 81000 TK (PER TON)
  • BAIZID STEEL PRICE – 85500 TK (PER TON)
  • BSI STEEL PRICE – 80700 TK (PER TON)
  • BSRRM STEEL PRICE – 88000 TK (PER TON)
  • CSRM STEEL PRICE – 81500 TK (PER TON)
  • DHAKA STEEL PRICE – 87000 TK (PER TON)
  • GOLDEN STEEL PRICE – 87500 TK (PER TON)
  • GPH STEEL PRICE – 86500 TK (PER TON)
  • HI-TECH STEEL PRICE – 80600 TK (PER TON)
  • HKG STEEL PRICE – 82000 TK (PER TON)
  • HRRM STEEL PRICE – 85000 TK (PER TON)
  • JSRM STEEL PRICE – 79600 TK (PER TON)
  • KING STEEL PRICE – 88000 TK (PER TON)
  • KR STEEL PRICE – 88500 TK (PER TON)
  • KSML STEEL PRICE – 88000 TK (PER TON)
  • KSRM STEEL PRICE – 86000 TK (PER TON)
  • METRO STEEL PRICE – 85000 TK (PER TON)
  • MSW STEEL PRICE – 80600 TK (PER TON)
  • PHP STEEL PRICE – 85500 TK (PER TON)
  • PRIME STEEL PRICE – 80800 TK (PER TON)
  • PSRM STEEL PRICE – 80600 TK (PER TON)
  • ROHIM STEEL PRICE – 84500 TK (PER TON)
  • RRM STEEL PRICE – 87000 TK (PER TON)
  • RSRM STEEL PRICE – 85000 TK (PER TON)
  • S ALAM STEEL PRICE – 88000 TK (PER TON)
  • SARM STEEL PRICE – 88500 TK (PER TON)
  • SAS STEEL PRICE – 87600 TK (PER TON)
  • SCRM STEEL PRICE – 81500 TK (PER TON)
  • SS STEEL PRICE – 81000 TK (PER TON)
  • SSRM STEEL PRICE – 81000 TK (PER TON)
  • SUMA STEEL PRICE – 81500 TK (PER TON)
  • ZSRM STEEL PRICE – 82000 TK (PER TON)

Reasons for Rod Price Hikes 

Rod prices  may vary due to several factors. The primary reasons include:

  1. Increase in Raw Material Costs:
    The main component of rods is steel, which is often imported from the international market. Any increase in the demand and prices of steel internationally will impact rod prices in Bangladesh.

  2. Supply and Demand Dynamics:
    When construction activities rise, the demand for rods increases, driving up the prices. This is especially noticeable during winter when construction projects are more active.

  3. Exchange Rate of the Dollar:
    Since many components of rods are imported, a rise in the dollar exchange rate increases import costs, which, in turn, affects rod prices.

  4. Changes in Government Taxes and Duties:
    If the government increases taxes or duties on rod imports, the prices of construction materials will rise, directly impacting the market prices of rods.

How to Purchase Rods at Affordable Prices in November 2024?

Here are some strategies to buy rods at affordable prices in November 2024:

  1. Compare Market Prices:
    First, compare the prices of different brands. For instance, rods from CSRM, ASBRM, SSRM, JSRM, RSRML, PSRM, and MSW STEEL are priced at 84,000 BDT per ton, which is relatively lower.

  2. Look for Discounts and Offers:
    Sellers of construction materials often provide discounts. Keep an eye out for such offers.

  3. Buy in Bulk for Volume Discounts:
    Suppliers often offer discounts for purchasing large quantities of rods. If you are buying for a large project, consider ordering in bulk to reduce costs.

  4. Find a Reliable Supplier:
    Regular or large buyers may receive discounts from suppliers. Finding a dependable supplier can make it easier to purchase rods at affordable prices.

  5. Buy from Peripheral Regions:
    In areas outside Dhaka, purchasing rods directly from factories often costs less. Check with local agents or suppliers to verify prices.

  6. Opt for Low-Cost Brands:
    Currently, rods from CSRM, ASBRM, SSRM, RSRML, MSW, and PSRM STEEL are available at 84,000 BDT per ton, making them more economical choices.

Tips for Buying Rods at Affordable Prices in November 2024

  • Plan ahead and purchase when demand is low.
  • Negotiate with sellers, especially for large projects.
  • Talk to local suppliers to find lower prices.

By following these strategies, it is possible to buy rods at affordable prices in November 2024.

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