India: Bulk HRC export shipments drop by 31% m-o-m in Oct ’20

Indian bulk HRC export shipments have witnessed the fourth consecutive monthly decline with a fall of 31% in Oct ’20. The export volumes were recorded at 364,610 t in Oct ’20, as per data maintained with SteelMint. Indian steel manufacturers reduce their allocations for exports on better realizations in the domestic market backed by robust demand.