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 furnace steel market improved.
The below sheet summarises confirmed trades/offers of iron and steel products collected by SteelMint to enable our users acquaint themselves with day-to-day trade dynamics.
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