Tag: HRC FoB India price index

  • India: SteelMint’s HRC index plunges $30/t in recent deals

    India: SteelMint’s HRC index plunges $30/t in recent deals

    Indian mills have actively resumed interest in HRC export with nearly three confirmed trades being concluded towards the end of last week mainly to Turkey and Vietnam. SteelMint’s Indian HRC (SAE 1006) export index stands at $882/tonne (t) FoB east-coast basis, down by $30/t w-o-w against $912/t FoB w-o-w. Recent deals concluded A private mill…