Tag: Imported HRC Offers to Vietnam
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Indian steel mills raise HRC export offers by $15/t
Major Indian steel manufacturers have increased HRC export offers by $10-15/t at around $475/t for Sep’20 shipments in line with the uptick in global prices. Last week, Indian export offers were around $460-465/t CFR basis. Reasons behind the increase in export offers are: Indian mills have limited export bookings for Aug’20 shipments, as domestic offtake…