Tag: HDG
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India: Major Steelmaker Cuts GP Prices Over Sluggish Demand
One of India’s major steelmakers has announced a price cut in Galvanised Plain coil (GP) today by INR 500/MT, W-o-W owing to sluggish demand and arrival of monsoon season in the domestic market.Besides this, weak buying activities on account of GST implementation is also likely to affect the GP market in India. Currently,prices of 0.80…