A western India-based steel mill is reported to have booked 10,500 t of steel slabs for export recently, sources confirmed. The price, however, could not be confirmed at the time of publishing this report. It seems that due to subdued domestic trade, mills may have turned to exports. Last week, Indian HRC trade prices had declined sharply by INR 1,500-2,000/t since traders delayed procurements expecting prices to correct further.
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