Tag: HRC trades
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SteelMint: Indian HRC export index increases by $15/t on higher global offers
Indian HRC (SAE 1006) export index increased this week following an uptrend in global offers. SteelMint’s HRC (SAE 1006) index stands at $755/t FoB East-coast basis against $740/t FoB basis last week. HRC (SAE 1006) export offers from a private Indian steel mill is heard at $775-780/t CFR Vietnam for end Apr-May shipments. However, these…