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23 Apr
15:29

Indian domestic coil prices strengthen further

Indian domestic hot and cold rolled coil market demand continues its stable performance, Indian traders tell Kallanish, with prices strengthening for the third consecutive week. Domestic coil prices have seen a rebound since the second week of April, helped by improving demand for long products, and the upcoming mill shutdowns in the April-June quarter. These are expected to help re-balance demand-supply in flat products. An estimated 300,000 tonnes-1 million ton…
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