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26 Sep

Indian mills eye HRC hike amid Chinese holidays

Indian hot rolled coil producers aim to hike HRC offers further in the domestic market, mainly on the back of strong demand and an uptick in raw material prices. Meanwhile, Indian HRC continues to remain absent from the global market, and going forward, mills’ priority will be to offer more allocations domestically, based on better sales realisations, Kallanish notes. “There is almost a difference of $50-100/tonne in the domestic market versus the exp…
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