14
Sep
15:20
Indian mills consider HRC hike on cost pressure
Most Indian mills are currently bearing high production costs on the back of costlier coking coal procured in May and June, directly impacting their competitiveness in offering finished steel. This is making mills reconsider revising their export offers, following the recent deal conclusions in Vietnam and the Gulf Cooperation Council, Kallanish notes.
This week, Indian mills reportedly received various bids originating from Turkey, and a few deals were concl…
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Anonymous
Very good overview of the weekly steel market.
Anonymous