30
Jun
16:18
Indian billet offers surge amid improving domestic sentiment
The delay in monsoon arrival and therefore unimpacted construction activity is seen as supporting the domestic rebar and billet markets. Better realisations and offers in the domestic market coupled with sluggish export sentiment are keeping Indian exporters away from offering to overseas buyers, sources tell Kallanish.
Buyers in East Africa are still under the impression that Indian offers are plunging and they are therefore still bidding low, says a senior bille…
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Anonymous
Very good overview of the weekly steel market.
Anonymous