Tag: Domestic HRC Offers
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Indian Domestic HRC Prices may Find Support Amid Expensive Imports
First week of September is likely to observe an increase of INR 500/MT in domestic HRC prices following depreciation in INR and anticipation of safeguard duty. Safeguard duty panic among importers Trade sources shared with SteelMint that fear of safeguard duty on hot rolled products has negatively impacted the imported HRC market. With the news…