Author: Sakeena Rizvi
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India: HRC export offers remain stable w-o-w despite competitive Chinese prices
India’s bulk HRC exports plunge 72% y-o-y in Jan’25 Chinese HRC export offers to ME drop by $5/t w-o-w BigMint’s India hot-rolled coil (HRC, SAE1006) export index for the Middle East (ME) and Vietnam remained stable w-o-w. However, exports to Europe continued to face headwinds due to the ongoing anti-dumping investigations. Furthermore, competitive Chinese prices…