25
Jun
12:16
Indian domestic coil prices, demand slump amid monsoons
Indian domestic hot and cold rolled coil market demand has remained slow, with prices dropping further this week due to seasonality, Indian traders tell Kallanish. Demand is seasonally weak during the monsoons in June-September. However, traders note monsoons are slightly delayed this year as they are yet to hit the Mumbai area.
A source says Tata Steel is expected to remain out of the market as it undergoes maintenance related shutdowns at its hot and c…
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Anonymous
Very good overview of the weekly steel market.
Anonymous