06
Aug
10:28
Monsoons, cheaper imports weigh on Indian coil
The Indian domestic hot and cold rolled coil market continued to be weak amid heavy monsoons and price pressures from cheaper imports, Kallanish learns from domestic traders.
Indian domestic traders maintain the market continues to be “very dull” due to monsoons. Indian steelmakers have also been increasingly vocal about the impact cheaper imports are having on domestic demand and prices.
A source adds, “the [Indian] government is trying to put …
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Anonymous
Very good overview of the weekly steel market.
Anonymous