27
Jul
15:22
India lowers HRC export quotes, domestic prices compensate
Amid a global market slowdown that has seen falling Chinese, South Korean and Japanese offers, Indian mills have also lowered their hot rolled coil quotes this week, sources inform Kallanish.
Regular importers of Indian material are nevertheless seen booking HRC from other origins mainly because while Indian coil matches on price, it is alloyed with boron. Buyers are strongly advocating India reduce its offers further, to make them more attractive.
Initial quotes…
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Anonymous
Very good overview of the weekly steel market.
Anonymous