Tag: MS plate offers
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Chinese Plate Offers Fall to USD 360-365/MT CIF India
Chinese suppliers have cut MS plate offers by USD 5-10/MT this week amid fall in domestic Chinese prices and to offset increased import duty by Indian government. It is to be noted that Indian government has recently raised import duty on flat products by 2.5% (from 7.5% to 10%) last week. Current offers for commercial…