Tag: India: HRC export offers remained stable w-o-w amidst mixed global market sentiments

BigMint’s India hot-rolled coil (HRC, S275) export index remained stable w-o-w at $555/t (FOB main port). This stability in prices can be attributed to the ongoing summer holidays as well as festive holidays in certain regions of Europe. Meanwhile, demand in the Middle East (ME) is picking up, driven by ongoing construction and infrastructure projects.…