Indian Subcon Analyses

SteelOrbis provides the latest longs and billet prices and price trends via the longs and billet price reports and market analyses listed below. These longs and billet price reports are derived from actual longs and billet market transactions and they can also be viewed on a weekly basis by using the archive drop-down tool below.

18 Jan

India’s RINL floats billet export tender for 30,000 mt for shipment by Feb 29 

17 Jan

Ex-India billet trade improves amid more sales to MENA, but prices soften

16 Jan

Local Indian rebar market stable in major urban markets, weakens in hinterland

16 Jan

Local wire rod quotations in Indian market - week 3, 2024

11 Jan

Ex-India billet prices slide reacting to weakness in China   

09 Jan

Local Indian rebar prices inch up in some regions despite unimproved demand

09 Jan

Local wire rod quotations in Indian market - week 2, 2024

03 Jan

India’s RINL floats export tender for 30,000 mt of billet, exports still inactive overall

02 Jan

No definite trend in local Indian rebar market amid high costs, weak trading

02 Jan

Local wire rod quotations in Indian market - week 1, 2024

28 Dec

Ex-India billet sellers hold back deals as bids still low, expectations for January better

26 Dec

Downward movement in local Indian rebar market gains momentum

26 Dec

Local wire rod quotations in Indian market - week 52, 2023

20 Dec

India’s local and export billet prices retreat in line with worsening moods in Asia

19 Dec

Indian rebar market shifts quickly from recovery phase to uncertainty

19 Dec

India’s RINL floats another export tender for 30,000 mt of billet

19 Dec

Local wire rod quotations in Indian market - week 51, 2023

13 Dec

India’s local and export billet prices increase, but optimism not so strong

12 Dec

Local Indian rebar trade prices recover but outlook still uncertain

12 Dec

Local wire rod quotations in Indian market - week 50, 2023

07 Dec

Ex-India billet prices down slightly from previous highs, local market gains slowly

05 Dec

Local Indian rebar prices slide further as mills push higher volumes into dull market

05 Dec

Local wire rod quotations in Indian market - week 49, 2023

04 Dec

India’s RINL floats billet export tender for 30,000 for Jan shipment

28 Nov

Indian rebar market moves into downtrend amid multiple negatives

28 Nov

Local wire rod quotations in Indian market - week 48, 2023

23 Nov

India’s RINL floats export tender for 30,000 mt of billet

22 Nov

Ex-India billet prices improve, sellers start to hike offers more aggressively

21 Nov

Local Indian rebar prices show mixed trend amid uncertain outlook with negative bias   

21 Nov

Local wire rod quotations in Indian market - week 47, 2023

17 Nov

India’s RINL floats export tenders for 90 mm billets and wire rods

16 Nov

Ex-India billet prices improve, but buyers’ resistance still strong in Asia

14 Nov

Local Indian rebar prices still decline, some hike attempts expected by end of Nov

14 Nov

Local wire rod quotations in Indian market - week 46, 2023

08 Nov

Ex-India billet trade activity revives with more sellers eager to export

07 Nov

Decline deepens in local Indian rebar market ahead of holidays, but further trend unclear

07 Nov

Local wire rod quotations in Indian market - week 45, 2023

06 Nov

India’s RINL floats two billet export tenders for 30,000 mt each

02 Nov

Indian billet market still under pressure, discounted export deals rumored

31 Oct

Local Indian rebar trade prices show mixed trends in market lacking direction 

31 Oct

Local wire rod quotations in Indian market - week 44, 2023

25 Oct

Retreat in local Indian billet market may result in resumption of exports

24 Oct

Local Indian rebar prices fall at faster pace due to slow demand, near-term outlook bleak

24 Oct

Local wire rod quotations in Indian market - week 43, 2023

18 Oct

Ex-India billet exports in doldrums after tender failure, local prices drop $11-12/mt

17 Oct

Correction deepens in local Indian rebar market, mood not very pessimistic

17 Oct

Local wire rod quotations in Indian market - week 42, 2023

13 Oct

India’s RINL extends deadline for bids in 30,000 mt billet export tender

11 Oct

Bids for ex-India billet fall further, near-term focus to be on imports

10 Oct

Local Indian rebar prices see temporary correction with a bit slower demand

Disclaimer: Although the data in this publication have been taken from reliable sources, their integrity, accuracy and stability/constancy cannot be guaranteed. The data in this publication are not comprised of data gathered from transactions carried within the SteelOrbis system. Reports shall in no way be taken as a proposal for selling and buying. SteelOrbis assumes no responsibility from losses caused by using these data in commercial transactions. Please contact the Customer Relations Department for further questions.