Indian mill concludes 20,000 t HRC export deal for Vietnam

A major Indian steel mill has booked around 20,000 t HRC for Vietnam at $510/t CFR basis for Sep end shipments, SteelMint learned from its trade channels. Earlier this week Indian HRC export offers to Vietnam were in range of $515-520/t CFR basis, however dull finished steel demand and low bids from Vietnam end users have resulted in bearish market sentiments.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *