Tag: India: HRC export offers to EU rise w-o-w
-

India: HRC export offers to EU rise w-o-w amid favourable trade conditions
India’s steel industry is experiencing a significant increase in export activity, with hot-rolled coil (HRC, SAE 1006) export offers to Europe rising by $20/t w-o-w, largely in response to stronger European domestic prices. Indian mills have adopted a cautious approach towards exports to the Middle East (ME) and Vietnam due to reduced market activity ahead…