13
Oct
13:58
India HRC imports seen falling on safeguard duty
Credit rating agency ICRA expects “cheaper” hot rolled coil imports into India to decline in the near term, as domestic prices have become largely aligned with import prices thanks to the safeguard duty.
However, international HRC prices have declined a further 2.5% since the 20% provisional 200-day safeguard duty on some flat product imports was imposed last month. This, along with expected capacity expansions in India, is likely to limit any domest…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous