Tag: China rebar export offers
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China: Rebar Export offers Decline Marginally despite Surge in Spot Market
After continuous rally in Chinese rebar export offers, there was slight correction by USD 5/MT and the fresh offers are around USD 445-455/MT, FoB China. Although, spot prices in China moved up in the pursuing week which was continuously declining on down trend due to rainy season which slowdown constructions activities in last couple of…