Bangladesh steel industry crisis

Steelmakers face capital shortage as sales nosedive

Steelmakers in Bangladesh are facing a severe working capital shortage due to the sharp rise in the US dollar exchange rate and a slowdown in sales, according to industry insiders.

November 13, 2024
November 13, 2024

Steelmakers face capital shortage as sales nosedive

Steelmakers in Bangladesh are facing a severe working capital shortage due to the sharp rise in the US dollar exchange rate and a slowdown in sales, according to industry insiders.