Indian mill books 25,000 t HRC for export to Vietnam at increased offers

An Indian steel manufacturer based in eastern India has booked around 25,000 t HRC for exports to Vietnam. The deal price is heard to be around $560/t CFR basis for Jan’21 shipments, SteelMint learned from its trade channels. Indian HRC export offers have increased by $10 w-o-w. Limited allocations and higher global prices lead to an upside in the nation’s HRC export offers