Indian bulk HRC export shipments drop further by 30% m-o-m in Sep ’20

Indian bulk HRC export shipments have been witnessing a continual decline in the last three months on high domestic realizations and recovery in domestic demand. Export shipments have seen a 30% drop in Sep ’20 and stood at 531,641 t as against 762,395 t in the preceding month, according to data maintained with SteelMint. China, UAE, and Vietnam remained the major importing countries.