15
Jun
14:57
Indian HRC plunges dramatically to lure oversea buyers
Amid the 15% duty hardship coupled with sluggish steel sentiments, Indian mills are dropping their boron-added hot-rolled coil offers to accelerate slowed trade.
“The recent downtrend can only be corrected through deal conclusions,” opines a senior trader. “Currently, we are seeing very limited bookings, which are making it difficult for the market to go up.”
Indian alloy-added HRC offers to Vietnam plunged dramatically to $740-750/tonne c…
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Anonymous
Very good overview of the weekly steel market.
Anonymous