Tag: HRC
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India: Slow demand keeps trade-level HRC prices under pressure despite removal of export duty
Trade-level HRC prices continued to reel under the pressure of slow demand as was proved by the drop seen in most markets this week. The government’s announcement regarding the removal of the 15% export duty from 19 November 2022 had almost no effect on price levels. Price assessment for the key markets of Mumbai, Faridabad…