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12 Sep

Indian mills continue to refrain from HRC exports

Indian mills continue to refrain from exporting hot rolled coil amid better demand in their domestic market. Mills have good order positions domestically; however, they are pushing for downstream coil exports amid full capacity utilisation and limited demand, sources tell Kallanish. "There is good demand in the Indian domestic market," says a trading source. "Elections are next year, and there are a lot of pending projects, and mills see them as a g…
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