China’s leading steel mill Shagang lowered rebar and wire rod offers by upto $47/t for end-Nov sales. Indian mills, too, lowered rebar export offers by $50/t, m-o-m, for Hong Kong.
Spot steel prices in central India fell amid bearish sentiments in the finished steel market and lower offtake.
The below sheet summarises confirmed trades/offers of iron and steel products collected by SteelMint to enable our users acquaint themselves with day-to-day trade dynamics.
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