Indian importers book Chinese HRC again after half-year break

Indian importers have booked China-origin hot rolled coil (HRC) this week after an interval of almost six months, while most other flat steel products remain out of reach of Indian importers because of anti-dumping duties.

Importers booked Chinese commercial-grade HRC at $470-475 per tonne cfr Mumbai for May shipments, following a steep fall in Chinese HRC export prices in the past three weeks. China-origin HRC export...

Published

Suresh Nair

April 07, 2017

19:02 GMT

Mumbai