Tag: India: HRC export offers rise by $10/t w-o-w amid improved global market sentiments
-
India: HRC export offers rise by $10/t w-o-w amid hike in offers by global competitors
HRC export offers to EU rise $10/t w-o-w Chinese offers to the Middle East edge up BigMint’s India hot-rolled coil (HRC, S275) export index rose by $10/tonne (t) w-o-w to $550/t (FOB main port). The increase in offers was driven by increased offers from global competitors. Despite the increase in prices the domestic demand in…