Tag: India: HRC export offers remain stable w-o-w amid competitive Chinese prices

China’s offers to ME decrease by $5/t SHFE HRC futures drops. BigMint’s India hot-rolled coil (HRC, SAE1006) export index for the Middle East (ME) and Vietnam remained stable w-o-w. However, export offers to Europe declined w-o-w due to ongoing anti-dumping probes. Additionally, Indian mills faced sluggish trading in the ME market due to competitive Chinese…