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07 Sep
15:52

Indian HRC exporters lament duties amid price hikes

Export duties are troubling Indian steelmakers, especially now when prices in Europe are surging on the back of costlier energy and South Korea's steel production is impacted by the typhoon. Indian mills are seeing this as an “opportunity lost” for their sales as European buyers are rejecting the boron-added material exported by India to circumvent the duties. This week, Indian hot rolled coil offers are seen seesawing on the back of Vietnamese, Tu…
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