Tag: India: HRC export index inches down by $4/t w-o-w amid low buying interest

SteelMint’s India HRC (SAE1006) export index stood at $712/t FOB east coast this week, down by $4/t FOB w-o-w. The index fell on the back of low buying interest in the overseas market, especially from the UAE. In addition, Vietnamese buyers are inclined towards domestic supplies despite higher offers. Indian mills, on the other hand,…