Tag: China fob offers

SteelMint: Indian HRC export index inches up, offer-bid disparity limits trade

Feb 23, 2021

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by

Pratibha Bajaj

in HRC

Indian HRC (SAE 1006) export index increased slightly this week on higher offers from China and other major exporting nations post-Lunar New year holidays. SteelMint’s index of HRC (SAE 1006) index stands at $717/t FoB East coast basis against $715/t FoB last week. Along with this, freight rates have moved up by $5-7/t for both…