Best Rod Price in Bangladesh 2024 [Update]

 

 

Best Rod Price in Bangladesh 2024

 

 

 

 

Rod prices are fluctuating in Bangladesh. Top brands like ELITE STEEL, BSRM, AKS, KSRM, and GPH are leading the market. Prices vary based on grade (60 or 75), type (MS or TMT), and market location. For the most accurate and up-to-date pricing, check with local steel dealers or online platforms. Consider factors like quality, availability, and project requirements when choosing the best rod for your needs.

 

We’ll explore popular brands, compare features across different price points, and offer tips for finding hidden gems. So, grab your virtual tackle box, and let’s find you the perfect rod at a price that won’t leave you feeling like bait!

 

 

 

Types of Rods Available in Bangladesh

 

 

Bangladesh’s booming construction industry relies heavily on a vital element: rods. But with various types available, choosing the right one can be crucial for your project’s success. This blog post will explore the most common types of rods used in Bangladeshi construction.

 

 

 

1. Mild Steel (MS) Rods

 

 

• The workhorse of construction, MS rods are known for their affordability and ease of use.
• They are ideal for general construction purposes like grills, gates, and low-rise buildings.
• However, MS rods have a lower yield strength compared to other options.

 

 

 

2. High Tensile (HT) Rods

 

 

• As the name suggests, HT rods offer superior strength compared to MS rods.
• They are perfect for large structures like bridges, multi-story buildings, and projects requiring high load-bearing capacity.
• The increased strength comes at a slightly higher price point than MS rods.

 

 

3. Thermo Mechanically Treated (TMT) Rods

 

 

• TMT rods are a popular choice for their impressive combination of strength and ductility (bendability).
• This unique property makes them resistant to earthquakes and other extreme conditions.
• TMT rods are widely used in commercial and high-rise constructions due to their superior performance.

 

 

List Of Rod Price in Bangladesh

 

 

lists of the latest prices of different bands of steel rods used in construction in Bangladesh. Prices are typically shown per ton and may vary by brand and seller.

 

SL	Brand Name	Price (Per Ton)
#01	ELITE STEEL Rod Price in Bangladesh	BDT. 92,500/-
#02	BSRM Rod Price in Bangladesh	BDT. 96,000/-
#03	KSRM Rod Price in Bangladesh	BDT. 90,500/-
#04	GPH Rod Price in Bangladesh	BDT. 95,500/-
#05	ANWAR STEEL Rod Price	BDT. 91,500/-
#06	RAHIM GROUP Rod Price	BDT. 90,000/-
#07	CSRM Rod Price	BDT. 88,500/-
#08	ZSRM Rod Price	BDT. 86,500/-
#09	RRM Rod Price	BDT. 85,000/-

 

 

 

 

 

Factors Affecting Rod Prices in Bangladesh

 

 

 

Rods, also known as rebar, are vital for Bangladesh’s booming construction industry. However, their price fluctuations can significantly impact project budgets. Understanding the factors that influence rod prices can help you make informed decisions when buying or planning a construction project.

 

Here’s a breakdown of the key forces affecting rod prices in Bangladesh:

 

Global Market

 

 

Bangladesh relies on imports for most of its raw steel. Fluctuations in global steel prices directly affect local rod prices. So, staying updated on international market trends is crucial.

 

 

 

Supply and Demand

 

 

A surge in construction activity increases demand for rods, driving prices up. On the other hand, too much supply can drive prices down.

 

 

 

Raw Material Costs

 

The price of raw materials like iron ore and scrap metal significantly impacts rod production costs. Fluctuations in these global markets can cause price variations in Bangladesh.

 

 

 

Government Policies 

 

 

Government policies like taxes, import duties, and regulations can influence rod prices. Changes in these policies can lead to sudden price increases or decreases.

 

 

 

Exchange Rate 

 

 

Since Bangladesh imports a substantial amount of raw materials, the exchange rate between the Bangladeshi Taka (BDT) and the US Dollar (USD) plays a major role. A stronger dollar leads to higher import costs, pushing rod prices up.

 

 

Length and Weight

 

 

The length and weight of the rod also play a role in its pricing. Longer rods or those designed for heavy-duty use tend to be more expensive due to the additional materials and engineering required.

 

 

 

Other Factors 

 

Additional factors like transportation costs, port congestion, and even accusations of market manipulation by manufacturers can also contribute to price variations.

 

 

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Best Construction Rod Brands and Their Prices in Bangladesh

 

 

When it comes to building a strong and safe structure, the quality of your construction rods is paramount. In Bangladesh, there are several reputable brands offering TMT (Thermo Mechanically Treated) steel rods, the preferred choice for most construction projects. Here we will explore some of the top steel companies in Bangladesh and provide an indicative range of their prices.

 

 

 

Top Construction Rod Brands in Bangladesh

 

 

 

ELITE STEEL

 

 

Elite Steel, established in 1983, is a leading manufacturer of steel rods in Bangladesh. They focus on high-quality MS 60 Grade rods, claiming not to use TMT technology for better consistency. Their rods are known for meeting ASTM, BSTI and BUET standards.

 

 

 

BSRM

 

 

Bangladesh Steel Re-Rolling Mills (BSRM) is a leading manufacturer known for its high-quality TMT rods. They offer various grades, including Fe 500 and Fe 550, suitable for different construction needs.

 

GPH Ispat 

 

 

 

Another major player, GPH Ispat, manufactures TMT rods under the “G-Force” brand. They prioritize strength, ductility, and weldability in their products.

 

 

AK Steel (AKS)

 

 

 

AKS is a renowned name in the steel industry, offering reliable TMT rods under the “Mee Mee” brand. They ensure consistent quality and strict adherence to national and international standards.

 

KSRM Steel

 

 

 

 KSRM offers TMT rods under the “KSML” brand. They are known for their focus on durability and corrosion resistance.

 

 

 

Zafar Steel & Rolling Mills (ZSRM)

 

 

 

ZSRM is a trusted brand offering TMT rods under the “Z-Star” brand. They emphasize affordability while maintaining good quality standards.

 

 

Price Considerations

 

 

It’s important to remember that rod prices in Bangladesh can fluctuate depending on several factors, including:

 

• Rod Grade (Fe 415, Fe 500, Fe 550): Higher grades generally cost more.
• Rod Diameter (Size): Thicker rods are naturally priced higher per unit weight.
• Market Conditions: Global steel prices and local supply-demand dynamics can affect prices.

 

 

 

Comparison of Rod Steel Prices in Bangladesh: Local vs Imported

 

 

 

Rod steel is the backbone of Bangladesh’s construction industry. But with a growing demand and a dynamic steel market, choosing between locally produced and imported rod steel can be a complex decision. This analysis delves into the price points, quality considerations, and factors that influence the cost-effectiveness of each option.

 

 

Price

 

 

• Locally Produced Rod Steel: Generally cheaper due to lower transportation costs and import duties. However, local prices can fluctuate based on raw material availability and production capacity.
• Imported Rod Steel: Subject to import duties, shipping costs, and currency exchange rates. Prices can be more stable but potentially higher than local options.

 

 

 

Quality

 

 

• Locally Produced Rod Steel: Quality can vary depending on the manufacturer. Reputable local steel mills adhere to international standards, but consistency might be a concern for smaller producers.
• Imported Rod Steel: Generally comes with guaranteed quality certifications. However, verifying authenticity and ensuring the steel meets specific project requirements requires extra vigilance.

 

 

 

Factors Affecting Cost-Effectiveness

 

 

 

• Project Scale: For large-scale projects, bulk discounts from local or international suppliers can significantly impact price.
• Lead Time: Local availability and import timelines can influence project scheduling and potential storage costs.
• Steel Grade and Specifications: Higher-grade steel or specific certifications might be more readily available through imports, but at a premium.

 

 

 

Where to Buy Rods in Bangladesh

 

 

 

Local Shops

 

Many local shops in cities and towns across Bangladesh offer a variety of fishing and construction rods. These shops provide the advantage of seeing and handling the rod before purchase.

 

 

Online Stores

 

Online shopping has made it convenient to buy rods from the comfort of your home. Websites like Daraz and Pickaboo offer a wide selection of rods with detailed descriptions and customer reviews.

 

 

Wholesale Markets

 

For bulk purchases, wholesale markets in Dhaka and Chittagong are excellent places to find rods at competitive prices. These markets cater to both retail customers and businesses.

 

 

 

Tips for Choosing the Best Rod

 

 

 

While diameter, grade, and brand reputation are crucial factors in selecting steel rods, there’s more to the story. Here are some unique tips to ensure you get the perfect steel rod for your project

 

 

 

Understanding Chemistry

 

 

For high-performance applications, delve deeper. Look for steel rods with specific alloying elements that enhance desired properties. For instance, chromium improves resistance to wear and tear, while nickel bolsters cryogenic strength.

 

 

Weldability Matters

 

 

 If your project involves welding, choose steel rods with a compatible composition. Incompatible steels can lead to brittle welds, compromising structural integrity. Research the weldability characteristics of the steel grade you’re considering.

 

 

Fit for the Environment

 

 

Consider the environmental factors your steel rods will face. For coastal areas, select rods with superior corrosion resistance. High-humidity environments might benefit from galvanized steel for added protection.

 

 

 

Formability for Fabrication

 

 

Bending and shaping steel rods are common practices. Ensure the chosen steel grade offers adequate ductility (the ability to deform without breaking). Cold-formed steel shapes, for example, require high ductility for successful fabrication.

 

 

 

Long-Term Performance

 

 

Think beyond immediate construction. Will the steel rods be exposed to high temperatures? Look for grades that retain strength at elevated temperatures. Fire resistance might be a crucial factor for some projects.

 

 

Source Matters

 

 

Reputable steel mills often provide additional guarantees and quality control measures. Consider seeking certifications from independent bodies that verify the steel’s properties. This adds an extra layer of confidence to your selection.

 

 

 

Conclusion

 

 

Finding the best rod at the right price in Bangladesh requires careful consideration of various factors, including material quality, brand reputation, and market demand. Whether you’re looking for a fishing rod or a construction rod, there are plenty of options available to suit different needs and budgets. By researching and comparing different brands, reading customer reviews, and taking advantage of seasonal discounts, you can make an informed purchase that offers excellent value for money.