Author: Rahul Shrivas
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India: Coated flat steel market softens amid sluggish demand; buyers await July mill price revision
Coated steel prices fall across major markets High inventories curb fresh procurement activity Indian coated flat steel prices declined by INR 100-1,000/t w-o-w during the assessment week, weighed down by sluggish buying activity and ample inventory availability across the supply chain. Demand from key consuming sectors remained subdued, with buyers continuing to restrict purchases to…