Author: Rahul Shrivas

Export sentiment weakens on EU CBAM uncertainty Hoa Phat decreases HRC prices amid soft demand BigMint’s Indian hot-rolled coil (HRC, S275) export index for Europe (EU) fell by $8/t w-o-w to $532/tonne (t) FOB main port amid CBAM uncertainty. The HRC (SAE 1006) export index for the Middle East (ME) and Vietnam dropped by $5/t…