16
Jul
12:55
Indian domestic coil demand, prices continue slump
Indian domestic hot and cold rolled coil market demand continues to remain weak as buying has slowed due to monsoons, domestic traders tell Kallanish. Prices have fallen for the second consecutive week due to the seasonal weakness in market sentiment.
A domestic source says: “Prices for HRC in the local trade market have gone down further [this week].” Even downstream product prices have declined, he adds.
Domestic HRC offer prices were hear…
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Anonymous
Very good overview of the weekly steel market.
Anonymous