The export market for hot-rolled and cold-rolled coil from the CIS remained constrained this week

Export price in China drops on weak buying interest while domestic market tracks trend.

The global market for direct-reduced (DR) iron pellets was under pressure.

China’s hot-rolled coil exporters lowered their offers on Tuesday September 3 despite domestic prices edging up further.

Seaborne iron ore prices pushed up on Wednesday September 4 after looser production restrictions were confirmed for steelmakers in Tangshan.

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