The near term may throw up a mixed trend. Mills may keep flats prices range-bound for June sales since imports are beginning to rear their head again. A 40,000-t cargo is expected from Vietnam in July at $592-596/t levels, a price band definitely lower than the current domestic trade-level range. Longs may experience a slight dip amid an increase in supply across all grades. In exports, some restocking is anticipated from Europe mid-June onwards, ahead of the onset of the summer vacationing season there.
