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.
04
Jan
News
04
Jan
04
Jan
Turkey’s Icdas keeps local dollar-based longs prices unchanged
Icdas has once again decided to stick to its previously voiced offers for rebar and wire rod on US dollar basis.
04
Jan
04
Jan
04
Jan
Ex-China stainless steel prices remain stable
As of January 4, ex-China stainless steel coil export prices are at $3,050-3,150/mt FOB, moving sideways compared to December 28.
04
Jan
Chinese manganese ore prices remain stable
Chinese domestic manganese ore prices have continued their stable trend during the past week.
04
Jan
Ex-China HRC prices stable as higher futures fail to change mood so far
Ex-China HRC offer prices have moved sideways in the past week and, even though futures prices in China have rebounded recently.
04
Jan
04
Jan
Local Indian rebar prices edge up despite overall bearish steel market conditions
Defying the overall bearish trend in the steel markets, local Indian rebar prices have increased amid improved retail sales from the housing sector.