Indian cold roll price remains weak in past week
It is reported that Indian cold rolled coil domestic market prices remained weak in the past week, with price fell by about 500 rupees/ton, buyers didn’t accept the higher price offer from steel mills and hesitated to make new orders.
Some traders indicated that the price of local cold rolled steel coil would be further reflected as the government warned steel mills to rise excessively, and buyers would maintain a wait-and-see attitude.
