|
Last week, in India''s major markets, the price of medium and thick plates dropped by about US$40/ton due to weak demand. It is known that in both domestic and oversea markets, the demand for Indian hot-rolled products goes down at the moment.
Since prices of raw materials kept rising, the construction activities of infrastructure and housing slowed down slightly. During the period from February to March, Indian steel factories received enough export orders. Up to May, those mills still have sufficient availability for export orders.
As Middle East buyers now prefer to purchase domestic products, it was estimated that Indian mills may adjust their quotations in the short term.
-Casting product Exhibition, 2022 casting product Exhibition, China Casting product Exhibition, Casting Exhibition, China Casting Exhibition, 2022 Casting Exhibition, Casting product Expo, 2022 casting product Expo, China Casting product Expo, Casting Expo, China Casting Expo, 2022 Casting Expo,
|
