Indian bulk HRC export shipments decline 7% in Jul’20 on domestic demand revival

Indian bulk HRC export shipments stood at 1.12 mn t in Jul’20 down by 7% against 1.21 mn t in Jun’20. Mills shifted their interest to domestic sales on easing lock-down measures.Major destinations were Vietnam 0.41 mn t, China 0.45 mn t followed by UAE and Italy in Jul’20