Author: Ankit Tamrakar
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India: BigMint’s India HRC export offers resume amid absence of Chinese players
Offers to Middle East rise $5/t w-o-w Dumping probes slow down EU market BigMint’s India hot-rolled coil (HRC, SAE1006) export index (for the Middle East and Vietnam) resumed after two months amid lack of Chinese offers due to Lunar New Year celebrations. Current prices are at $505/t FOB east coast India. However, European demand remained…