07
Dec
13:38
India hikes HRC offers following recent deal conclusions
Recent bookings in Vietnam, the Gulf Cooperation Council, Europe and Turkey have encouraged Indian hot rolled coil producers to hike their offers in these markets. Moreover, the recent hike in HRC prices by other origins is also giving supply-side support, while Indian mills anticipate gaining short-lead-time premiums, as they did last month.
“There is a good acceptance coming in from the GCC region and India needs to adjust itself with the trend … hi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous