Tag: Indian HRC export index
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SteelMint: Indian HRC export index flat w-o-w, mills holdback offers
The Indian HRC export index remained flat w-o-w as most of the mills withheld offers. SteelMint’s Indian HRC export index stands at $877/tonne (t) FOB east coast. Mills have turned observant because of the festive holidays ahead, price increases in the domestic market, and low buying appetite in the overseas markets. A couple of major…