Tag: India: HRC export offers drop w-o-w amid mixed global market sentiments

  • India: HRC export offers drop w-o-w amid cautious sentiments

    India: HRC export offers drop w-o-w amid cautious sentiments

    CBAM, potential safeguard measures keep EU buyers wary Middle East sees muted trade amid soaring temperatures BigMint’s India hot-rolled coil (HRC, S275) export index for Europe dropped by $5/tonne (t) w-o-w to $550/t FOB main port, amid cautious market sentiments. Trade activity remained slow, as buyers stayed on the sidelines due to risks associated with…