Tag: Imported CRC Offers
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Post Safeguard Duty Indian Traders Focus on CRC Exports
After Indian government announced 20% provisional safeguard duty on HRC in September, Indian steel manufacturers and traders are exploring options to export steel from India. For instance, POSCO-India is now focusing more CRC exports. In order to offset the safeguard duty effect, POSCO-India is importing HRC from its parent cmpany in Korea, processing it to…