Tag: offers to EU resumed after a long pause
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Indian HRC export market remains muted; offers to EU resume after long pause
Indian mills have started offering HRC (S275, 3mm) for exports to Europe. However, offers to the Southeast Asia and the Middle East (ME) remain on hold due to sluggish global demand. Competitive prices of Chinese HRC for ME buyers are further discouraging Indian exporters. “Indian mills have set their HRC export prices for Europe. Mills…