Tag: Chinese market stays muted amid holiday

SteelMint: India HRC export index inches up as market awaits China’s return

Oct 5, 2021

—

by

Kalpesh Padhiar

in HRC

The Indian HRC export index rebounded this week by $6/tonne (t) after remaining under pressure for the past four weeks. SteelMint’s Indian HRC export index rose to at $871/t FOB east coast compared to the previous week’s offer of $865/t FOB. This increase came on the back of increased restocking activities in the Indian domestic…