Category: HRC
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India: HRC export index to the EU falls by $10/t w-o-w amid cautious buyer sentiment
EU sentiment cautious amid country-wise quota allocation uncertainty Hormuz disruptions continue to constrain Middle East trade flows Indian HRC export activity remained subdued during 5-12 May 2026, with shipments to Europe and the Middle East constrained by regulatory uncertainty, logistical disruptions, and persistent geopolitical tensions. In the EU, although offers declined w-o-w, no bookings were…