India exhausts EU HRC quota on first day
Indian suppliers exhausted their second-quarter quota for shipments of hot-rolled coil into Europe on the first day of the new three-month period, according to data released by the European Commission (EC).
The European Union's HRC quota of 162,983 tonnes assigned to suppliers from India was fully exhausted on April 1
About 33,291 tonnes of HRC from India were awaiting allocation.
Indian suppliers have sold substantial lots of HRC to a big Italian importer over the past couple...