Author: Sakeena Rizvi
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India: Bulk HRC exports hit 6-month low in May’24; mills focus on domestic market
Indian exports of hot-rolled coil (HRC) steel witnessed a significant drop in May 2024, according to bulk vessel line-up data compiled by BigMint (excluding container and road transport). HRC exports fell by a substantial 35%, reaching a total of only 217,876 tonnes (t) against 3,37,744 t in April 2024. This represents the lowest monthly export…