India’s export offers for hot-dipped galvanised iron (HDGI) coils (0.5 mm, 900-1,250 mm) remained stable w-o-w at $800/t FOB west coast, India ($850/t CFR Antwerp), amid tepid demand from the automotive and construction sectors and sufficient inventories with buyers. The current subdued market is likely to weigh on India’s flat steel offers in the near future.
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