Tag: Indian HRC export market drops w-o-w amid weak demand

Indian hot-rolled coil (HRC) export offers to Europe declined by $5-10/tonne (t) w-o-w amid weaker global market sentiment. Additionally, reduced demand in sectors such as automotive and construction, along with ongoing anti-dumping and safeguard measures, has further dampened market conditions. Meanwhile, Indian mills have continued to hold their HRC offers steady in the Southeast Asia…