13
Aug
14:06
Monsoons, cheaper imports continue to pressure Indian coil
Weakness in the Indian domestic hot and cold rolled coil market has persisted this week, amid monsoons, cheaper import price pressure and oversupply, Kallanish learns from domestic traders.
Market participants note that Indian mills have begun producing more since July, with stocks at mills going up.
Rising imports, especially from lower-cost producing countries, have also been an ongoing challenge. In July, India’s steel ministry reportedly calle…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous