India: HDGI coils export offers stable for four consecutive weeks
Export offers of hot-dipped galvanised iron (HDGI) coils (0.50mm, 900-1,250mm) from India remained unchanged for the fourth consecutive week at $980/t FOB west coast. Indian mills are likely to start quoting offers for early May'23 shipments in the upcoming week, sources informed. However, buying in the European market has slowed down a bit due to restocking in the previous month.