Tag: Domestic PPGI Prices
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India: Seasonal Slowdown Weighs on Domestic PPGI Prices
This week domestic PPGI (Pre-painted galvanized iron) coil prices witnessed further correction by around INR 500/MT in major markets on the back of bleak market outlook, higher inventory levels, poor sales volumes and seasonal slowdown happening in domestic market. Meanwhile with the ongoing monsoon season lower consumer spending on automobiles and consumer durable sector led…