Tag: Global HRC trade updates
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Indian Importers Book 50,000 MT HRC from Japan
SteelMint learned from market sources that Indian steel mills have booked around 50,000 MT of HRC (1.6-1.8 mm) from Japan in the range of USD 640-645/MT CFR basis for August shipments. Further they added, that owing to limited availability of thinner gauge HRC in domestic market, India mills prefer to choose imports over domestic HRC.…