India: Import offers for Russian HRCs drop w-o-w

Indian HRC import offers from Russia stood at around $465/t CFR against $470-475/t CFR a week ago. However, there were no active trades, sources informed BigMint. Moreover, India imported 567,195 t of steel in Mar’25, with shipments from Russia rising 21% m-o-m to 17,020 t against 14,079 t in Feb’25.