India: Rebar export bookings dry up with buyers in wait-&-watch mode

India: Rebar export bookings dry up with buyers in wait-&-watch mode

No rebar export booking from any one of the Indian primary mills have been reported of late, SteelMint confirmed from sources. The last heard offers for BF grade rebar were at around $775-780/t, CFR Hong Kong on actual weight basis. Due to the lockdown in Singapore, and sizeable earlier bookings made for Hong Kong, fresh bookings have remained on the lower side, sources said.


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