Vol. XI · The Credco WireOne paisa moves a market
The Credco Wire

"What moved markets — and why it matters for your next polymer buy." — Credco

Back to the wire
MarketsFriday, 13 November 2026·India

Steel Products Industries Bulk Commodity Intelligence

Steel Products Industries Bulk Commodity Intelligence

Latest insights into the steel products industry, highlighting key developments in procurement and macroeconomic indicators.

HBIS Group has reduced its procurement volume for silicomanganese in November 2026 to 13,350 tonnes, down from 15,250 tonnes in October. This adjustment reflects a broader trend of decreased demand, as seen in the reduced supply of major steel product categories, which now stands at 8.0265 million tonnes.

On the macroeconomic front, the U.S. Federal Reserve has announced its tentative schedule for the 2027 Federal Open Market Committee meetings, with significant discussions on monetary policy strategy planned for October. Additionally, U.S. initial jobless claims have slightly increased to 200,000, surpassing the estimated 195,000 and the previous week's figure of 189,000.


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