Tag: Hoa Phat prices
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SteelMint: India’s HRC FoB Index drops marginally in absence of deals
SteelMint’s India HRC export index stood at $911/tonne (t) FoB east-coast basis against the previous week’s $915/t FoB India. The absence of active trades in the overseas market resulted in bearish sentiments in the export market. Offers remained largely stable due to: 1. Vietnamese buyers preferring domestic HRC because of extended lockdown in the country.…