Tag: Rebar export offers
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Indian mills likely to raise rebar export offers further on domestic price rally
Indian rebar export prices witnessed a further rise this week. SteelMint’s price assessment for the BF-route rebar (10-40mm, B500B) was assessed at $760/t CFR Hong Kong on actual weight (AW) basis. However, no export booking has been reported so far due to absence of firm bids. Indian rebar export prices rose by around $7/t, w-o-w…