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India’s Galvalume market entered early July on a softer note, with prices easing after several weeks of mixed movement and buyers largely restricting purchases to immediate needs. Thinner gauge tightness continued to offer selective support, but broader demand from coated flat steel consumers remained muted, keeping Galvalume trading calm and rangebound. Consumption across end use sectors was uneven: infrastructure, automotive and construction provided moderate stability, while general coated steel buyers stayed cautious. Supply conditions were steady, inventories remained comfortable and new galvanising capacity is expected to gradually ease specification based tightness. Weekly trends showed a brief late June rise followed by a sharper early July pullback, reinforcing fragile sentiment. Overall, Galvalume maintained a measured, balanced tone shaped by steady supply, selective strength and restrained procurement across the market.
India’s Galvalume market moved into early July with a clear downward tone as prices softened following a stretch of mixed weekly fluctuations. Trading in the Ex-Faridabad series remained calm through late June and into the first week of July, with most buyers limiting activity to immediate needs rather than forward bookings. While shortages in thinner gauges offered selective support, broader demand from coated flat-steel consumers stayed muted as many buyers continued to hold back. Comfortable inventory levels across service centres and expectations of additional galvanising capacity further capped any meaningful upside. As a result, Galvalume remained rangebound, with sentiment shaped by cautious purchasing and steady supply conditions across the Galvalume market.
India’s Galvalume demand moved unevenly across end-use sectors in June, creating selective pockets of resilience even as overall pricing drifted lower. Infrastructure, automotive and construction activity continued to offer moderate, longer-term support for...
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