Tag: Global HRC and CRC Market Overview
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Weekly: Global HRC and CRC offers increase by $20-30
Indian steel mills raise HRC export offers Indian mills have raised HRC export offers by around $20/t w-o-w for Sept shipments. Offers for HRC (SAE1006) exports were at $505-510/t CFR Vietnam against offers of $485/t CFR last week. An increase in Chinese futures and an uptrend in India’s domestic prices propelled mills to increase overseas…