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    M
    Metal and Mining
    SECTOR | 07 Jul 2023

    Steel: Resilient prices despite headwinds

    buy
    Metal and Mining
    by ICICI Securities Limited
    ICICI Securities Limited
    Domestic HRC prices (in the week ended 5th Jul’23) declined slightly in traders’ market. Spot spread, however, rose 0.7% WoW tracking the decline in coking coal prices. India HRC export (FOB) prices were stable at US$570/te.
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    IDBI Capital released a Sector Update report for Metal and Mining on 01 Oct, 2025.
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