27
Jun
15:31
Indian HRC export offtake slows, but prices stable
Slowed sentiment in all major Indian hot rolled coil export markets amid the availability of low-priced HRC from other Asian origins is creating pressure on Indian exporters. However, owing to the comparatively better-paying domestic Indian market, Indian steelmakers are holding their offers firm, with no movement noted this week, Kallanish notes.
The recent US-India deal to terminate trade barriers has given a glimmer of hope in an otherwise dull market. However,…
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Anonymous
Very good overview of the weekly steel market.
Anonymous