While exports to these markets from India will remain high in the first quarter of this fiscal, retreating prices will narrow the arbitrage for domestic mills. To sum up, exports out of India will remain range bound at 13-14 million tonne this fiscal on the back of revised quota to Europe and supply constraints in south-east Asia
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Metal News & Events
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CRISIL: Steel prices set to bend on weak season after a two-year rally
09 May 2022 Steel -
EU cold heading steel prices rise for Q2 business
06 May 2022 Steel -
Stainless Steel Spot Prices Remained Stable Last Week amid Weak Supply and Demand
06 May 2022 Steel -
UK imposes sanctions on Roman Abramovich-linked steel firm Evraz
06 May 2022 Steel -
US scrap downswing will not pressure long steel prices: Gerdau
06 May 2022 Steel -
Steel, other US commodity imports face severe shortage of storage space
04 May 2022 Steel -
China’s steel consumption falls in Q1
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Lull in Russian steel rebar market delaying drop in prices
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Tata Steel Posts 47% Rise in Fourth-Quarter Profit
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Steel Minister highlights significance of green manufacturing
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UK steel prices soar by 50% since Russia invaded Ukraine due to surge in demand and producers absorbing higher energy prices
02 May 2022 Steel -
Steel boss dismisses claim that sector needs new Cumbrian coalmine
02 May 2022 Steel -
China’s steel consumption falls in Q1
02 May 2022 Steel -
United States Steel earnings, Revenue miss in Q1
29 Apr 2022 Steel
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