Author: Sakeena Rizvi
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Indian HRC export offers on hold, mills focus on domestic market
Vietnam’s Hoa Phat reduces HRC prices by $10/t Chinese SHFE HRC futures tick up w-o-w Indian hot-rolled coil (HRC) export offers to Southeast Asia and the Middle East (ME) continued to remain on hold as mills are focused on the domestic market. In addition, market participants are awaiting domestic price announcements by mills for July…