13
Jun
16:00
Demand softens but Indian HRC export offers stable
Following the brief uptick in Chinese futures last week, Indian mills have kept their hot rolled coil offers stable on-week, for almost all major export markets.
Despite softened sentiment, a few deals were concluded in the Gulf Cooperation Council and Europe. However, going forward, demand does not look bright, and the market is thus questioning the sustainability of current Indian offers, Kallanish notes.
Demand for HRC in Europe is low. A few thousand tonnes …
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