Indian hot-rolled coil suppliers suspend offer to China
As relations between China and India become tense, several large Indian steel mills had ceased to offer hot-rolled coil quotations to Chinese buyers.
Indian hot-rolled coil export orders were not many last week, and after that, several major Indian hot-rolled coil manufacturers also suspended their offers. The main reason was that Chinese buyers were worried about the policy of goods by the ports of the two countries.
Although the Indian government hasn't issued a formal order, according to reports, the customs of the two countries have strengthened the review of imported and exported goods.
