Author: Lalita
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Indian mill books 25,000 t re-bar for June export shipment
An Indian mill has reportedly booked around 25,000 t of re-bar to Hong Kong for June shipment at around $685/t CFR levels, equivalent to $645-650/t FoB, SteelMint learned from market participants. Exports by Indian mills are expected to pick up as a result of: Rising Covid cases in the country that could have a negative…