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09 Jul
12:47

Unworkable pricing, low demand stymie Indian HRC exports

Indian hot and cold rolled coil export activity to Europe remains dull due to weak demand and unworkable pricing for buyers, Kallanish learns from sources. Most major Indian mills have yet to return after production shutdowns kept them out of the export market during the April-June quarter. A source says: “There is no feasibility for Indian mills to return to the export market [in the short term] due to prices not being workable.” He adds that hi…
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