Indian HDG offers to the Middle East

Wednesday, 07 October 2009 16:34:05 (GMT+3)   |  

1 mm 180 gr/m² zinc coated HDG offers given from India to the Persian Gulf region are currently standing at $750/mt CFR for November shipment. Following the low HDG offers given from China to the Middle East, Indian mills' offers given to this region have also decreased by $60/mt as compared to two weeks ago. Since China is on holiday at present and as Middle Eastern buyers are waiting for the Chinese mills to return to the markets, demand in this region is moving on a weak trend.


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