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04 Jun
17:42

CIS HRC export market sentiment softens

The CIS hot rolled coil export market quietened down last week on buyers' reluctance to commit to purchasing amid aggressively-priced Asian offers and ongoing volatility in China’s flat products market.  Offers of HRC from India and Vietnam in key CIS HRC exports markets sent buyers' bids down, and then drove buyers away towards the end of the week. At the same time, Indian suppliers increased offers at the end of the week on positive signals fr…
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