Tag: Global HRC Market Overview

Indian mills continue to hold back export offers on high domestic realizations. Positioned cargo sales in Vietnam have pulled down prices by $20 w-o-w. SteelMint’s weekly HRC (SAE 1006) FoB India export index falls marginally and stood at $527/t FoB India. Last week’s index stood at $528/t FoB basis. Indian mills are holding back offers…