Author: Sandeep Goyal

Chinese Steel futures have dropped by 1.5% this morning post removal of export rebate on Boron added steel w.e.f 1st Jan’15; prices were at USD 412/MT. Trade analysts believe this would result in 25-30% low exports from China this year. During the first 11 months in 2014, China exported 83-84 MnT Steel. Out of this, about 30-35%…