Tag: Global Rebar Export offers
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China: Rebar Export Offers Rise on Stronger Spot Market
Chinese rebar export offers further strengthen amid rise in futures and billet offers. The latest rebar export offers are assessed at USD 450-455/MT, FoB Main Port with a rise of USD 5/MT, W-o-W. Meanwhile, there are expectations that rebar prices will not experience a sharp drop in China’s domestic market which is also supporting export…