09
Feb
12:03
Indian engineering exporters seek compensation for MIP
The Engineering Export Promotion Council (EEPC) of India is seeking from the government a mechanism to compensate for increased feedstock prices as a result of India’s minimum import price (MIP).
Last week India imposed MIP on steel to curb low-priced imports that are putting strain on domestic steelmakers’ finances (see Kallanish 8 February). Minimum prices for inbound shipments range from $341/tonne to $752/t across various steel products. The floo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous