Tag: Domestic HRC prices
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Domestic HRC Prices Likely to Increase Post Safeguard Duty: Reports
Government of India imposed 20% provisional safeguard duty on hot rolled products in the light of increased imports from China, Japan,and Russia. Indian HRC prices are likely to increase in the range of INR 500-700/MT following imposition of safeguard duty on hot rolled products announced by Indian government yesterday. “There wont be sudden increase in…