India: Importers book 10,000 t of HRCs from South Korea

Indian HRC import offers from South Korea remained range-bound w-o-w at $520/t, with a deal for 10,000 t concluded recently at $520/t CFR India for July shipments. Meanwhile, market participants await upcoming domestic mill price announcements before booking further cargoes. Notably, in Apr’25, India imported 413,519 t of steel, with shipments from South Korea falling 13% to 118,591 t from 136,780 t in Mar’25.


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