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16 Apr
16:53

Indian domestic coil market continues uptick

Indian domestic hot and cold rolled coil market demand has remained stable this week, Indian traders tell Kallanish. Coil prices continued their slight uptick for the second consecutive week. Domestic HRC/CRC prices have seen a rebound since the second week of April, helped by improving demand for long products, and the upcoming mill shutdowns in the April-June quarter. These are expected to help re-balance demand-supply in flat products. An estimated 300,000 to…
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