Tag: Global HRC trade updates
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Indian HRC Import Bookings Soften Amid Currency Depreciation
Indian importers have turned silent for HRC bookings amid currency depreciation and with apprehensions of expected increase in import duty by Indian govt. Indian Rupee is currently trading at all time low of 74.38 against USD unlike 72.1 a month ago. Also as per reports, Indian govt. is planning to raise import duty on steel…