01
Jun
15:07
India offers alloy grade HRC amid duty imposition
Following the 15% export duty imposition, Indian steel mills are seen exploring possible ways to maintain shipments abroad by either bearing the tax burden or by modifying the grades produced. The former option looks lossmaking for many, while the latter could bring some movement in export trade, sources tell Kallanish.
“Currently, price is not the priority for mills,” says a senior trader. “Right now, their [mills’] main priority is l…
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Anonymous
Very good overview of the weekly steel market.
Anonymous