Export offers of hot-dipped galvanised iron (HDGI) coils (0.50 mm, 900-1,250 mm) remained stable w-o-w at $750/t FOB west coast, India. An Indian steel major has concluded a deal of around 5,000 t of HDGI at $750-800/t CFR Europe for late-Aug’24 delivery, informed a reliable source. Mills have kept offers stable amid recent deals and limited demand in the European market.
Leave a Reply