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09 Jan
14:02

Indian HRC sees low post-EU holiday activity

Indian hot and cold rolled coil exports have witnessed a slow start to the year as activity in the European market has been subdued after the Christmas holidays. However, market participants expect business to pick up this week, Kallanish notes. According to sources, HRC prices being offered remain unchanged from the previous week. Mills are quoting HRC for the European market at between $650/tonne and $660/t fob India, or $700-705/t cfr EU, for base S235 grade 2m…
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