Turkish domestic rebar spot prices mostly stable as week begins
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Average Chinese domestic rebar and wire rod prices have edged down during the past two weeks ended January 10 amid the slack demand.
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Local Indian cold rolled coil (CRC) prices have continued on a decline, divergent to the trend seen in hot rolled coil (HRC) prices.
After weeks of very slow import activity in the scrap market in Vietnam, buyers have started to increase bids amid their need to restock.
Following a certain revival in imports in China, global basic pig iron (BPI) suppliers have become more bullish when evaluating tradable prices.