Indian steel mills further raise HRC export offer by $5-10/t

Following hike in domestic offers, few Indian steel mills have raised HRC export offers further by $5-10/t and current offers for SAE 1006 are at $485/t CFR basis for Sep’20 shipments, SteelMint learned from its channels. Prior this, Indian steel mill booked around 30,000 t of HRC to Vietnam at $475/t for end Aug/early Sep shipments.


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