Tag: Indian HRC export offers moved up further

Global HRC prices gain further momentum on bullish sentiments

Aug 11, 2020

—

by

Pratibha Bajaj

in HRC

A west India-based private steel manufacturer concluded an export deal to UAE at a significantly higher price this week, prompting other producers to lift export offers. The company booked around 26,000 t of HRC on Sunday to the UAE at $525-530/t CFR basis for Sep loading, sources told SteelMint. Indian HRC export offers have increased…