ICRA: High input costs and soft steel prices to impact Indian steel profits from Q3
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Turkish mills accepted another moderate increase in import scrap prices, as seen in new deals from the US and Canada.
Jiangsu Province-based Shagang Group, China’s largest private steelmaker, has issued its list prices for all long steel products for January 11-20.
SteelOrbis has been informed that as of January 11 ex-China stainless steel coil export prices are at $3,050-3,150/mt FOB.