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16 Apr
15:46

Indian HRC export prices rise despite cold market

Indian hot and cold rolled coil export activity to the European market remains subdued this week, amid falling Chinese futures prices. But offers saw a small uptick, due to a rise in domestic HRC prices, sources tell Kallanish. Domestic values have rebounded amid improving demand for long products, and upcoming mill shutdowns. Market sources note limited Indian-origin HRC offer availability due to the April-June quarter domestic shutdowns of several major Indian s…
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