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30 Jul
11:32

Indian domestic coil market remains dull

Weak demand and activity in the Indian domestic hot and cold rolled coil market has persisted this week, due to ongoing heavy monsoons, Kallanish learns from domestic traders. Market sources note the market is “very dull” as there is seasonally weak activity, especially in the construction sector, during the monsoons, which occur between July-September in India.  Domestic HRC offer prices were heard at INR 50,500-51,500/tonne ($615-621/t) ex-Mumb…
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