Steel major SAIL’s Bokaro Steel Plant in Jharkhand has recently despatched 12,000 t of MS hot rolled coil (HRC) for export, a Twitter post by SAIL Bokaro informs. The HRC despatched for export to Italy was the first-ever consignment to conform to European Grade EN 10025- 2 S235JR. Indian mills are looking to ship off greater volumes with higher realisations in the export market resulting from uninterrupted rise in global steel prices. SteelMint assesses Indian origin HRC (2.5 mm, IS:10748) offers at $880/t (CFR Europe).
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