Tag: India: HRC export index remains stable w-o-w amid recent deals to Middle East

BigMint’s India hot-rolled coil (HRC, SAE1006) export index (for the Middle East and Vietnam) remained stable w-o-w amid recent export deals from India to the Middle East (ME). Current prices are at $495/t FOB main port India. Vietnamese buyers are prioritising domestic HRC despite hike in mill prices. The European market is facing sluggish conditions…