18
Jan
15:31
India mulls hiking HRC quotes for March shipment
Recent deals concluded in Europe at fairly high prices have motivated Indian mills to further hike their offers. The dollar depreciating against the euro is moreover benefiting Indian hot rolled coil exporters, as they can raise dollar-denominated offers without significantly impacting European customers.
Owing to this, Indian mills have withdrawn their offers and refrained from offering for March shipment this week.
Moreover, robust demand in the Indian domestic…
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Anonymous
Very good overview of the weekly steel market.
Anonymous