Tag: Indian HRC export index

SteelMint: Decline in overseas bids weighs further on Indian HRC export index

May 17, 2022

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by

Kalpesh Padhiar

in HRC

SteelMint’s India HRC export index further down by $39/t w-o-w Bid offer disparity, competitive offers from China, CIS weigh on offers Absence of firm bids from European, Middle East markets amid subdued demand SteelMint’s India HRC export index dropped to $821/t FOB east coast, contrasted against last week’s $860/t FOB level, a drop of $39/t…