05
Jan
15:15
Indian exporters withdraw HRC, aim for higher quotes
Following multiple deal conclusions in December and early January, Indian mills have withdrawn their hot rolled coil offers from all major destinations. They feel the market will surge after European downstream end users resume their purchases and Chinese mills go off for the Lunar New Year holidays, sources tell Kallanish.
A few sources however believe the market will not witness the same momentum from European buyers as it did in December, and expect deals to co…
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Anonymous
Very good overview of the weekly steel market.
Anonymous