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13 Feb
11:21

EU’s Indian-origin coil imports to reduce further: sources

Imports of Indian coils into Europe are set to reduce further as the former Essar Steel has turned its attention away from the continent following its acquisition by ArcelorMittal and Nippon Steel. So traders tell Kallanish. According to Eurofer data, the reduction in India-origin EU imports of hot and cold rolled coil started already in 2018. Back in 2017 the country supplied an average of 93,000 tonnes/month of HRC and 88,000 t/month of CRC. In January-November …
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