With the Chinese steel market reopening after the weeklong holidays, both iron ore and steel futures increased compared to 30 Sep’21. Domestic billet prices rose by RMB 80/t yesterday.
Spot steel prices in India witnessed a correction due to limited trading amid the festive mood that impacted markets.
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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