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14 May
14:08

Indian HRC remains out of export market

Indian hot and cold rolled coil sales activity remains quiet as most major Indian mills are conducting maintenance shutdowns this quarter.  Mills remain out of the export market due to limited supply caused by shutdowns, weak demand in the European market, ongoing safeguard quota challenges and firming domestic market activity, Kallanish learns from sources. Sources expect major Indian mills to come back to the export market towards the end of May. An…
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