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02 Jul
12:05

Weak demand keeps Indian HRC off export market

Indian hot and cold rolled coil export activity to Europe remains weak due to persisting subdued demand and limited offers, Kallanish learns from sources. Sources note most major Indian mills are yet to return to the export market. Mills have been off the export market since the April-June quarter due to shutdowns.  A European buyer says demand will continue to be very weak in the EU until September and that European mills have dropped their pricing by &euro…
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