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30 Jul
10:28

Low demand, high-priced offers hamper India-EU coil trade

Indian hot and cold rolled coil export activity to Europe continues to be low due to ongoing weak demand, a wide bid-offer price gap and summer holidays in the region, Kallanish learns from sources. A market source predicts India's export activity and demand outlook will continue to be weak in August due to the summer holiday period in Europe. An EU-based buyer adds that cheaper European domestic prices compared to imports, excess capacity, weak dem…
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