Tag: India Billet exports
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Indian billet export prices remain supported on the hike in Chinese futures
Indian billet export prices have remained supported on the back of the increase in Chinese futures. SHFE rebar futures today closed at RMB 3,782/t, up RMB 36, when compared with RMB 3,746/t on 15 Jul’20. Limited export deals were noted from India, however, few export tenders are ongoing and results are awaited. An Indian private mill…