Tag: Indian HRC export prices drop w-o-w tracking recent deal

Indian HRC export offers to the Middle East (ME) dropped by $5-10/tonne (t) w-o-w to $540/t CFR UAE following a recent deal of 25,000 tonnes (t) for January 2025 shipment. Offers to the Europe Union (EU) remained subdued: “With the holiday season approaching, activity in the EU market has slowed down,” a source informed BigMint.…