Tag: India HRC export index stable w-o-w amid slow market activity

SteelMint’s India HRC (SAE1006) export index remained stable w-o-w at $712/t FOB east coast this week as the market activity in the Middle East has slowed down amid the Ramadan festival. However, Indian mills continue to quote offers at the similar levels even though Chinese HRC offers dropped last week. Rationale: No confirmed deal (T1)…