10
Oct
13:35
RINL lowers pig iron, billet and longs' prices
India’s Rashtriya Ispat Nigam Limited (RINL) has lowered all domestic list prices for representative sizes of different long products, billet and pig iron for October, Kallanish notes. This is the first time in 2019 that the steelmaker has reduced domestic monthly prices across the board.
Prices for 5.5mm, 7mm and 8mm wire rod reduce to INR 35,190/tonne ($495/t), INR 34,790/t and INR 34,710/t respectively or by between -9.6% and -7.7% from the pr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous