12
Apr
10:46
Indian HRC export market remains bearish
Indian hot rolled and cold rolled coil export activity to the European market remains bearish this week, sources tell Kallanish.
One market participant says: “Overall [market/buyer] sentiment remains bearish.” The market is waiting for triggers, which iron ore or coal has not been providing, he adds.
He says, “India remains on the edge by $30/tonne from what the market wants.” Last week the gap between Indian offers and market expectations…
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Anonymous
Very good overview of the weekly steel market.
Anonymous