Tag: Rebar export offers
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Indian mills lift rebar export offers on higher domestic prices, recovering futures
Indian rebar export offers witnessed a sharp rise this week. Although a few primary mills held back from quoting offers, others raised their offers sharply to $740/tonne (t) CFR Hong Kong on an actual weight (AW) basis, sources informed SteelMint. SteelMint’s last assessment on 14 Jan’22 for BF-route rebar (B500B) stood at $715-720/t CFR Hong…