Indian HDG exporters hike prices amid renewed bookings from Gulf, EU
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Ex-China hot dip galvanized (HDG) offer prices have remained stable in general over the past week.
Import scrap activity in Pakistan has remained muted due to the continuous slowdown in construction activities caused by adverse weather conditions.
China’s domestic stainless steel prices have mostly followed an upward trend during the past seven days.
Indian billet exporters have been successful in rapidly increasing prices significantly above the $600/mt FOB mark.