SteelMint

Tag: India flat steel composite index down 0.6% w-o-w

  • India flat steel composite index down 0.6% w-o-w

    India flat steel composite index down 0.6% w-o-w

    —

    by

    Shubham
    in

    The BigMint India HRC export index (for the Middle East and Vietnam) fell by $8/t w-o-w to $567/t FOB east coast India. Prices dropped amid sluggish global market sentiments and slow trade activities. China’s Shanghai Futures Exchange (SHFE) declined sharply by RMB 94/t ($13/t w-o-w while Vietnamese steel major Hoa Phat reduced domestic HRC prices…