After remaining silent for last couple of weeks, Indian HRC export market has witnessed some momentum. An Indian private mill has concluded HRC (re-rolling grade) export deal for Europe at around $840/t CFR, credible sources have reported to SteelMint. Although the quantity could not be confirmed but was heard to be around 20,000 t. Indian mills are eyeing HRC export offers mainly for Europe on higher price realizations than in Vietnam or Middle East.
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