Tag: Hot rolled coil export offers

SteelMint’s Indian HRC (SAE 1006) export index stands at $1,030/tonne (t) FoB east-coast basis, down by $14/t against $1,044/t FoB week-on-week (w-o-w). The absence of buying interest among Vietnam re-rollers for Indian-origin HRC resulted in a drop in export offers. Thus, major steel mills have held on to their HRC export offers and are in…