Tag: BigMint: India HRC export index drops w-o-w ahead of Eid holidays

  • BigMint: India HRC export market drops w-o-w amid holidays

    BigMint: India HRC export market drops w-o-w amid holidays

    HRC import offers for ME decline Chinese price fluctuations post-Qingming holidays BigMint’s India HRC (SAE 1006) export index (for the Middle East and Vietnam) fell by $7/t w-o-w to $560/t against $567/t FOB east coast India. Prices dropped ahead of Eid holiday and slow trade activities in Middle East (ME) market. Moreover, buyers are booking…