Author: Sakeena Rizvi
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BigMint: India HRC export index drops $8/t w-o-w amid weak global sentiments
Vietnam’s Hoa Phat lowers HRC prices China’s SHFE HRC futures recover after dropping sharply BigMint’s India HRC (SAE 1006) export index (for the Middle East and Vietnam) fell by $8/t w-o-w to $567/t against $575/t FOB east coast India. Prices dropped amid sluggish global market sentiments and slow trade activities. Moreover, China’s Shanghai Futures Exchange…