Author: Shruti Tripathi

CBAM-related uncertainty keeps EU demand muted HRC offers to the Middle East stay flat w-o-w BigMint’s India hot-rolled coil (HRC, S275 for Europe) export index remained stable w-o-w at $545/tonne (t) (FOB main port) amid weak domestic demand. The European HRC market stayed subdued due to weak demand from end-users and ongoing uncertainty surrounding forthcoming…