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.

 
Start Date
End Date



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

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

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

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

Local wire rod quotations in Indian market - week 41, 2023

India books large billet import volumes, mainly for Asian origins

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

Indian billet sellers still not interested in exports even though local prices down

Local Indian rebar prices stable in inactive trade conditions owing to holidays

Local wire rod quotations in Indian market - week 40, 2023

Ex-India billet prices stable, but mood worsens amid poor response to tender

Local Indian rebar market lacks direction, divergent price trends across regions

Local wire rod quotations in Indian market - week 39, 2023

Indian billet sellers not under pressure to export given strong local market  

Local Indian rebar prices show mixed trend with negative bias, outlook still positive

Local wire rod quotations in Indian market - week 38, 2023

India’s RINL floats export tenders for billet and wire rod for November shipment

Highest bid in Indian billet export tender proves stronger sentiment, but fails to buoy overall activity

Indian rebar trade prices soften in some regions, outlook still robust

Local wire rod quotations in Indian market - week 37, 2023

Ex-India billet exporters see rise in inquiries, but hold back deals awaiting consolidation

India’s RINL floats export tender for 30,000 mt of billet for shipment by Oct 20

Local Indian rebar prices consolidate higher, but increase rate eases

Local wire rod quotations in Indian market - week 36, 2023

Ex-India billet trade still halted amid rising local sales volumes and prices

Local Indian rebar prices continue to surge amid strong restocking

Local wire rod quotations in Indian market - week 35, 2023

Indian billet exporters focus on strong local sales amid low overseas bids

Robust rebound in local India rebar market overcomes previous correction amid stronger demand

Local wire rod quotations in Indian market - week 34, 2023

Ex-India billet sellers remain mostly inactive, waiting for clearer trend and tender results

Local Indian rebar market sees correction after recent surge, outlook still positive

Local wire rod quotations in Indian market - week 33, 2023

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

Ex-India billet prices stable as market remains silent, sellers focus on local sales

Local Indian rebar prices surge on secondary mills price hikes, bookings by EPCs

Local wire rod quotations in Indian market - week 32, 2023

Ex-India billet sellers await price increase, supported by surging local market

Local Indian rebar market falls further, pessimism grows despite rebound in billet and flats

Local wire rod quotations in Indian market - week 31, 2023

Ex-India billet trading slow as sellers consider bids too low, await recovery amid stronger China

Local Indian rebar prices hit a two-year low

Local wire rod quotations in Indian market - week 30, 2023

Ex-India billet exporters still target high prices despite worsening mood, bids below $500/mt FOB

Local Indian rebar prices still under pressure as weather conditions worsen in north

Local wire rod quotations in Indian market - week 29, 2023

India’s RINL floats export tender for 15,000 mt billet for mid-September shipment

India’s RINL floats export tender for 5,000 mt wire rod for mid-September shipment

Indian mills more active in billet exports as local market slumps

Local India rebar prices crash on adverse weather, stock liquidation by mills


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.