Author: Sandeep Goyal
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Global Rebar Offers Fall upto USD 17/MT W-O-W
Chinese rebar export offers fall further by USD 17/MT W-o-W owing to low domestic demand Export offers for Chinese rebar slashed by USD 17/MT W-o-W and current offers stand at around USD 285/MT FOB China port. Offers have fallen by USD 35/MT since the beginning of Aug’15. Weak domestic market and currency depreciation in China…