India: Rebar export offers remain stable, sentiments bearish

India’s rebar export offers remain unchanged, w-o-w, as per SteelMint assessment. Current offers for BF-route are heard at $710/t CFR Hong Kong on actual weight (AW) basis. The absence of firm buying interest has kept the global rebar market bearish. Weak demand has dragged Turkish rebar export prices down by $10/t on week to $700/t on FOB basis.


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