Tag: Chinese HRC export offers decline further

SteelMint: Indian HRC export index falls marginally as mills withhold offers

Nov 9, 2021

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by

Kalpesh Padhiar

in HRC

The Indian HRC export index fell by around $2/tonne (t) this week as most of the mills withheld offers due to the steep fall in global market prices. SteelMint’s Indian HRC export index stands at $875/t FOB east coast. Mills continued to observe the market amid a lack of clarity in the price direction, a…