India: HDGI coil export offers remain stable w-o-w amid quiet European market

Export offers of hot-dipped galvanised iron (HDGI) coils (0.5 mm, 900-1,250 mm) from India remained stable w-o-w at $750/t FOB west coast, India. Faced with a quiet European market due to limited demand, Indian mills are maintaining stable prices for HDGI. Moreover, ongoing anti-dumping investigations and risks of safeguard measures are discouraging European buyers from purchasing Indian materials.


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