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Despite the export duty imposition coupled with limited enquiries and high competition, Indian hot rolled coil, because of low-priced offers, has managed to become the preferred option for buyers in the Gulf Cooperation Council. Vietnam, however, remains the main target market for India amid upcoming holidays in the GCC and Europe, sources tell Kallanish. Following the conclusion of a 60,000-tonne deal at $670-675/tonne cfr Ho Chi Minh City (HCMC), Indian SAE 1006…
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