Tag: Indian HRC Bulk Exports
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Indian Bulk HRC Export Shipments Fall 21% M-o-M in Jan’20 on Strong Domestic Demand
Indian HRC bulk export shipments in Jan’20 is estimated at around 3,92,798 MT, down by 21% M-o-M, based on the data of 20 ports maintained by SteelMint. Exports stood at 4,99,691 MT in Dec’19. Reasons behind decline in export volumes were as follows: 1. Indian steel mills focused more on domestic sales- Major Indian steel…