US manufacturing PMI down 2.4 percentage points in December
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China’s billet imports to remain halted in short term, weighing on prices in Asia
Activity in China’s import billet market has remained at a standstill and will likely remain so in the short term.
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Local wire rod quotations in Indian market – week 1
Local market sources report that prices of domestic wire rod with 5.5 mm thickness in India have decreased by INR 500/mt ($7/mt) over the past week.