Tag: India: Rising China’s prices push mills to revive HRC export offers to ME after long gap

Indian HRC export offers to EU up w-o-w Chinese HRC prices in Middle East rise BigMint’s India hot-rolled coil (HRC, S275) export index rose by $5/tonne (t) w-o-w to $555/t (FOB main port). The increase in offers was driven by higher tags from global competitors, such as China. Furthermore, Indian mills resumed HRC (SAE1006) export…