Ferrosilicon prices in local Chinese market – week 1
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During the week ending January 5, average Chinese steel pipe export offer prices have moved sideways.
Import containerized shredded scrap prices in India have softened slightly, but the focus of local secondary mills has shifted to Gulf-origin scrap.
Ex-China CRC prices have moved sideways over the past week as trading in both local and export markets has been limited.
Scrap prices in the Chinese domestic market have moved in divergent directions over the past week.
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