17
Oct
15:19
Indian HRC demand remains firm amid global struggles
Amid sluggishness in Southeast Asia and the European steel market, Indian hot rolled coil producers are seeing better offtake in their domestic market. As a result, for 2-3 months, Indian HRC producers have refrained from exporting.
Moreover, Vietnam and China-based mills are yet to receive the Bureau of Indian Standards (BIS) certificate extension to export steel to India, meaning a drop in imports from these nations is anticipated.
However, the arrival of previ…
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Anonymous
Very good overview of the weekly steel market.
Anonymous