India: Imported API-HRC market remains quiet

The API-HRC market remained quiet this week as projects have not been finalised since last few months. Moreover, domestic prices are competitive, so there is not much momentum and no firm offers from China and South Korea for X60 and X70 coils (7.14 mm – 12 mm), informed reliable sources. However, projects are expected to be finalised by April-May’23.


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