29
Mar
16:35
Indian HRC remains firm despite slowed global sentiment
Amid a slowed global steel market and weak Chinese sentiment, Indian hot rolled coil prices are noted as firm on the back of consecutive small-tonnage bookings in Europe. Going forward, the outlook, however, does not look bullish in Europe, especially after the series of bookings done recently and the low HRC buying appetite, Indian sources tell Kallanish.
According to market participants, multiple small-tonnage deals for structural-grade HRC were heard being conc…
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Anonymous
Very good overview of the weekly steel market.
Anonymous