Tag: HRC Fob Index

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.…