Tag: India HRC
-

SteelMint: India HRC export index drops further by $17/t on low buying interest
SteelMint’s India HRC (SAE1006) export index dropped further by $17/tonne (t) to $773/t FOB east coast, with major mills reducing offers for the overseas markets. However, due to low buying interest, no active booking was reported. Offers heard this week $790-810/t CFR Vietnam $815-825/t CFR UAE $825-830/t CFR Turkey $795-805/t CFR Raxaul border Rationale: Twelve…