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25 May
16:04

Indian mills withdraw HRC offers, await government clarification

The recent imposition of duties on Indian steel exports has disturbed the overall dynamics of the country’s steel industry. From steel mills to traders, everyone is shell shocked, imploring authorities to rethink the move and allow for a grace period to process orders signed before 21 May. Mills have withdrawn hot rolled coil export offers for the time being, sources tell Kallanish. “No offers were made from India this week; everyone is analysing the iā€¦
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