Tag: Indian rebar export offers
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India: Rebar export market quiet on bid-offer disparity
Indian steel mills raised rebar export offers due to a rise in production costs and domestic offers. Price indications for BF (B500B) rebar are at around $820-825/t CFR Hong Kong on actual weight (AW) basis. As per trade sources, no deals were reported due to active bookings by key importing nations from Middle East at…