Tag: Indian rebar export offers

Indian mills decrease rebar export offers by $20/t on lower global prices

May 13, 2022

—

by

Vaibhav Dubey

in Rebar

Indian rebar export offers witnessed a downward trend this week with mills lowering offers sharply to $790-800/tonne (t) CFR Hong Kong on an actual weight (AW) basis, market sources informed SteelMint. SteelMint’s last assessment on 6 May 2022 for BF-route rebar (B500B) stood at $815/t CFR Hong Kong on an AW basis. Considering this, Indian…