India: HDGI coils export offers remain stable w-o-w
Export offers of hot-dipped galvanised iron (HDGI) coils (0.50 mm, 900-1,250 mm) remained stable w-o-w at $830/t FOB west coast, India. An Indian steel major has concluded a deal of around 2,000 t of HDGI at around $880/t CFR Europe. Mills kept offers stable as European market is silent due to summer maintenance holidays, a source said.