SteelMint

Tag: Global HRC export offers

  • SteelMint: Indian HRC export index rises further in recent trade

    SteelMint: Indian HRC export index rises further in recent trade

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    by

    Pratibha Bajaj
    in

    SteelMint’s Indian HRC (SAE 1006) export index stands at $950/t FoB East-coast basis, up by $14/t w-o-w against $936/t FoB. Mills continue to raise HRC offers on higher price realizations and global bullish sentiments. Also, increased preference for Indian HRC cargoes among Vietnam importers leads to increased prices. Deal concluded: A major private steel mill…