25
Jul
16:06
Indian HRC export allocations drop, domestic market stronger
Indian mills have reduced export allocations. One out of the three major steelmakers continues to face production losses, whereas others are offering limited quantities, sources tell Kallanish.
According to multiple sources, the production losses faced by the two major Indian mills totalled approximately 200,000-300,000 tonnes in July. This will impact August and September shipments and, as a result, mills have limited export allocations.
Nevertheless, owing to l…
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Anonymous
Very good overview of the weekly steel market.
Anonymous