Order volumes increased, recently, in the United States. This is reported to be due to low stock levels rather than underlying demand. Uncertainty arising from the political situation and the Covid-19 pandemic may have been assuaged by recent events. The President-elect is known to be in favour of free trade, and is therefore thought likely to relax the current import barriers. Existing and potential new suppliers from India have been making very low price offers, in recent months.
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