Tag: India: HRC imports overtake exports in Oct-Nov; trend may reverse in Q4

India: Bulk HRC imports overtake exports in Oct-Nov; trend may reverse in Q4

Dec 13, 2022

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by

Kalpesh Padhiar

in HR Plate

Declined global demand, exports challenge pull down bulk HRC exports Currency erosion helped Japanese mills to export Price viability makes imports lucrative for Indian buyers Trend may reverse from Q4 as currencies strengthen, prices improve Morning Brief: India’s bulk imports of hot rolled coils (HRCs) surpassed exports in October-November, 2022, reveals data maintained with Steelmint.…