15
Mar
16:56
Reduced EU buying slashes India's 2018 flats exports
Indian hot rolled flat products exports slumped -58% on-year in December 2018 to 175,224 tonnes, according to Indian commerce ministry data seen by Kallanish. Their average price was $559.8/tonne versus $534.6/t in December 2017.
United Arab Emirates was the main buyer in December with 37,011t, although this was down -64% on-year, while shipments to Vietnam fell -85% to 20,538t. Exports to Malaysia, however, surged over ten-fold to 19,677t. Shipments t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous