06
Feb
14:38
Slow trade, Saudi competition hit Indian HRC exports
Indian hot and cold rolled coil producers are registering flattish domestic demand and a fairly quiet export market due to customer resistance, ahead of the Chinese New Year, Kallanish notes.
A trader says: “The trade market is slow.” However, mills are seeing some export activity in certain pockets such as the European, Middle Eastern and Vietnamese markets.
Another market source notes: “There is some extent of buying in the Middle East. The Eu…
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Anonymous
Very good overview of the weekly steel market.
Anonymous