Tag: India: HRC export offers rise by $5/t w-o-w amid uptrend in global market sentiments

Trading in Middle East market remains slow Indian offers to Europe rise by $5/t w-o-w BigMint’s India hot-rolled coil (HRC, S275) export index rose by $5/tonne (t) w-o-w to $540/t (FOB main port). This uptick is attributed to improvement in global market sentiment and a rise in Chinese export offers. A major steel producer in…