Tag: 000 t of HRCs for exports in last week

Indian steel mills are aggressively booking hot rolled coils (HRCs) for exports to offset the tepid demand in the local market. Mills have started exploring new avenues in the export market, booking mainly to Vietnam, Turkey, and the UAE for Aug-Sep’21 shipments. Around 1,00,000 tonnes (t) of HRCs were booked in the last one week…