Author: P Anjali

China’s leading steel mill, Shagang Steel, lowered long steel prices by $94/t for early-Nov’21 sales on subdued domestic demand. On the other hand, Pakistan-based mills – Agha Steel, Faizan Steel, etc. – lifted rebar offers by PKR 5,000 ($29) on hike in imported scrap prices and currency depreciation. Spot steel prices in central India’s induction…