Tag: Imported HRC offers to Vietnam decline
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Traders Slash Indian HRC Export Offers on Currency Depreciation
Indian origin HRC export offers to Vietnam witnessed a sharp decline of USD 10-15/MT this week, SteelMint learned from its authentic sources. Indian HRC offers from traders were reported at USD 450/MT CFR Vietnam for end April-mid May shipments. However, no major bookings have been reported yet. Increasing fears of the spread of COVID-19 resulted in pessimistic…