17
Nov
14:39
Indian HRC market fears drop amid lower bids
Lower bids from buyers coupled with plunging demand in the domestic and global markets has forced Indian mills and traders to consider correcting hot rolled coil offers, Kallanish notes.
“Indian mills may not bluntly correct their offers,” says a country head for a renowned global trading firm. “If the mills directly revise or correct their export offers, then they will have to correct their domestic offers in the same direction as well. Mills wi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous