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.

 
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Ex-India billet prices remain low as volumes for exports higher, even despite the rebound locally

Local Indian rebar trade prices improve slightly, but fundamentals still negative

India’s RINL floats export tender for 15,000 mt of rebar for April delivery

Local wire rod quotations in Indian market - week 8, 2024

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

Slow local market still supports Indian mills’ interest in exports, but billet prices under pressure

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

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

Mixed trends in local Indian rebar market, mills resort to year-end stock liquidation

Local wire rod quotations in Indian market - week 7, 2024

Ex-India billet prices soften as local prices fall to three-year low, more sellers interested in exports

Local Indian rebar prices resume decline amid mills’ resumption of discounted sales

Local wire rod quotations in Indian market - week 6, 2024

Ex-India billet prices improve in deals, mills more eager to sell

Local Indian rebar prices stabilized at lower level, outlook mixed

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

Local wire rod quotations in Indian market - week 5, 2024

Indian billet exporters fail to achieve higher deal prices due to competition

Local Indian rebar trade prices show mixed trends, negative sentiments rising

Local wire rod quotations in Indian market - week 4, 2024

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

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

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

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

Ex-India billet prices slide reacting to weakness in China   

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

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

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

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

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

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

Downward movement in local Indian rebar market gains momentum

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

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

Indian rebar market shifts quickly from recovery phase to uncertainty

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

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

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

Local Indian rebar trade prices recover but outlook still uncertain

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

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

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

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

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

Indian rebar market moves into downtrend amid multiple negatives

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

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

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

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

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


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.