22
Feb
14:53
The recent depreciation of the United States dollar versus the Euro has helped Indian mills secure large tonnage hot-rolled coil deals in Europe. Despite dropping the offers in euros amid a surging coking coal price-led cost-push, the Indian mills gained in dollar realisations, Kallanish notes.
Last week, a deal for 40,000-50,000 tonnes of Indian-origin structural grade HRC was booked at $770-775/t cfr Italy by an Indian steel major for April shipment, netting bac…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Sayed Aameer
India
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous