23
Apr
15:09
India limits HRC export allocation amid shutdowns
Indian hot and cold rolled coil export offers remain limited to the European market, with several major mills out of the market due to maintenance shutdowns, sources tell Kallanish.
A source says: “Mills are seeing low activity due to low allocation and high price expectations.”
Indian producers are expecting higher prices in the export market, buoyed by rebounding raw material prices, as well as strengthening Chinese values and domestic numbers. But …
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Anonymous
Very good overview of the weekly steel market.
Anonymous