Tag: global HRC overview
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India: SteelMint’s HRC export index increases further by $19/t w-o-w
SteelMint’s Indian HRC (SAE 1006) export index stands at $1,057/tonne (t) FoB east-coast basis, up $19/t week-on-week (w-o-w) against $1,038/t FoB seen in the last week. Indian mills have sharply raised HRC export offers to $1,100/t CFR this week against $1,070-1,080/t CFR last week. “Indian mills are currently maintaining offers at higher levels and observing…