Tag: HRC FoB India price index
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SteelMint HRC export index up by $10/t tracking global prices and tight supply
SteelMint’s weekly HRC (SAE 1006) FoB India price index increased by $10/t at $512/t FoB India. Last week the FoB India price index stood at a $502/t FoB basis. Major exporting nations– China, Japan, South Korea, and India have raised HRC offers by around $5-10/t. Meanwhile, in India few mills are likely to undergo maintenance…