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Chinas higher steel output is supporting iron ore prices, but theres a risk for India. Taiwan: CSCs steel sales down 6%, y-o-y, in CY21. India: Melting scrap prices surge INR 800/t in Alang. India: Vedanta floats 20,000 t pig iron export tender. India: JSPL hikes rebar prices further by INR 1,000/t ($13/t).

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