Tag: India: BigMint’s HRC export index remain stable w-o-w amid Chinese National day holidays

Chinese exporters stay away amid National Day holidays Post-summer demand recovery fails to materialise in EU BigMint’s Indian hot-rolled coil (HRC, S275) export index for Europe held steady w-o-w at $545/tonne (t) FOB main port, with trading activity subdued and no significant discussions underway, likely due to the EU’s Carbon Border Adjustment Mechanism (CBAM). The…