15
Mar
16:25
European traders confirm revived interest in Indian HRC
European traders have noted in recent weeks a revival of interest in Indian hot rolled coil, after a year in which orders were significantly below the levels registered in 2021, Kallanish notes.
Indian HRC offer prices are currently increasing (see related story), but they remain the most competitive for EU buyers looking to purchase from third countries.
“I see offers from India now at some €790/tonne [$836] cfr southern Europe, up almost €60/t cā¦
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Anonymous
Very good overview of the weekly steel market.
Anonymous