Tag: Global Hot-Rolled Coil Export Offers Trend (Jan’24-Jan’26)

Indian HRC export offers showed mixed trends. BigMints HRC index tracking EU-bound cargoes slid 2% m-o-m, while that for the Middle East and Southeast Asia increased by a minor 1%. Offers to the EU declined as trade slowed sharply following the full implementation of the Carbon Border Adjustment Mechanism (CBAM) from 1 January. Earlier in the…